PPP Loan information for Genalco, inc.

$544,400

Genalco, inc. was initially approved for PPP Loan of amount $544,400, the current approved amount is $544,400. The loan was approved on 04/08/2020 by The Berkshire Bank reported 39 jobs and $544,400 was used to fund payroll.

Genalco, inc. is Existing or more than 2 years old

GENALCO, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

GENALCO, INC.

Borrower Address

333 Reservoir St

Borrower City

NEEDHAM HEIGHTS

Borrower State

MA

Borrower Zip

02494-3145

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544400.00

Current Approval Amount

544400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEEDHAM HEIGHTS

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-3145

CD

MA-04

Jobs Reported

39

NAICS Code

423840

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544400.00

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

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

548188.43

Forgiveness Date

01/07/2021

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