PPP Loan information for Genesis automation inc

$712,014

Genesis automation inc was initially approved for PPP Loan of amount $712,014, the current approved amount is $712,014. The loan was approved on 05/01/2020 by The Old Second National Bank reported 38 jobs and $712,014 was used to fund payroll.

Genesis automation inc is Existing or more than 2 years old

PPP Loan Search / IL / SAINT CHARLES / Genesis automation inc

GENESIS AUTOMATION INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GENESIS AUTOMATION INC

Borrower Address

3480 Swenson Avenue

Borrower City

SAINT CHARLES

Borrower State

IL

Borrower Zip

60174

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712014.00

Current Approval Amount

712014.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

KANE

Project State

IL

Project Zip

60174-0001

CD

IL-08

Jobs Reported

38

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

712014.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

719213.25

Forgiveness Date

05/05/2021

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