PPP Loan information for The generation companies, llc

$1,717,300

The generation companies, llc was initially approved for PPP Loan of amount $1,717,300, the current approved amount is $1,717,300. The loan was approved on 06/25/2020 by The Newtek Small Business Finance, Inc. reported 340 jobs and $1,717,300 was used to fund payroll.

The generation companies, llc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / The generation companies, llc

THE GENERATION COMPANIES, LLC

Date Approved

06/25/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE GENERATION COMPANIES, LLC

Borrower Address

4242 Six Forks Rd

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609-0034

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1717300.00

Current Approval Amount

1717300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-5716

CD

NC-02

Jobs Reported

340

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1717300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

218280.62

Forgiveness Date

12/02/2021

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