PPP Loan information for Generic systems, inc.

$83,400

Generic systems, inc. was initially approved for PPP Loan of amount $83,400, the current approved amount is $83,400. The loan was approved on 04/11/2020 by The Waterford Bank, National Association reported 5 jobs and $83,400 was used to fund payroll.

Generic systems, inc. is Existing or more than 2 years old

GENERIC SYSTEMS, INC.

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

GENERIC SYSTEMS, INC.

Borrower Address

10560 GEISER RD

Borrower City

HOLLAND

Borrower State

OH

Borrower Zip

43528-8506

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83400.00

Current Approval Amount

83400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

LUCAS

Project State

OH

Project Zip

43528-8506

CD

OH-09

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

74000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83858.70

Forgiveness Date

11/05/2020

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