PPP Loan information for Genesis engineering solutions, inc.

$2,635,623

Genesis engineering solutions, inc. was initially approved for PPP Loan of amount $2,635,623, the current approved amount is $2,635,623. The loan was approved on 04/11/2020 by The Sandy Spring Bank reported 122 jobs and $2,635,623 was used to fund payroll.

Genesis engineering solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MD / LANHAM / Genesis engineering solutions, inc.

GENESIS ENGINEERING SOLUTIONS, INC.

Date Approved

04/11/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GENESIS ENGINEERING SOLUTIONS, INC.

Borrower Address

4501 Boston Wat Suite A

Borrower City

LANHAM

Borrower State

MD

Borrower Zip

20706

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2635623.00

Current Approval Amount

2635623.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANHAM

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706-1000

CD

MD-04

Jobs Reported

122

NAICS Code

541330

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2635623.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2665806.30

Forgiveness Date

06/16/2021

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