PPP Loan information for Genesis recovery services llc

$86,392

Genesis recovery services llc was initially approved for PPP Loan of amount $86,392, the current approved amount is $86,392. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 12 jobs and $86,392 was used to fund payroll.

Genesis recovery services llc is Existing or more than 2 years old

GENESIS RECOVERY SERVICES LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GENESIS RECOVERY SERVICES LLC

Borrower Address

5 North 3rd Ave W Suite 310

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86392.00

Current Approval Amount

86392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-1100

CD

MN-08

Jobs Reported

12

NAICS Code

624190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8639.20

Payroll Proceed

64794.00

Mortgage Interest Proceed

12958.80

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86938.75

Forgiveness Date

12/14/2020

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