PPP Loan information for Genesis electric llc

$87,860

Genesis electric llc was initially approved for PPP Loan of amount $87,860, the current approved amount is $87,860. The loan was approved on 02/25/2021 by The Regions Bank reported 7 jobs and $87,860 was used to fund payroll.

Genesis electric llc is Existing or more than 2 years old

GENESIS ELECTRIC LLC

Date Approved

02/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

GENESIS ELECTRIC LLC

Borrower Address

1410 W Molloy Ln

Borrower City

Murfreesboro

Borrower State

TN

Borrower Zip

37129-3345

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87860.00

Current Approval Amount

87860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Murfreesboro

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37129-3345

CD

TN-04

Jobs Reported

7

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87860.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

88529.18

Forgiveness Date

12/09/2021

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