PPP Loan information for Genesis electric motors corp.

$89,142

Genesis electric motors corp. was initially approved for PPP Loan of amount $89,142, the current approved amount is $89,142. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 6 jobs and $89,142 was used to fund payroll.

Genesis electric motors corp. is Existing or more than 2 years old

GENESIS ELECTRIC MOTORS CORP.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

GENESIS ELECTRIC MOTORS CORP.

Borrower Address

6010 32ND AVE

Borrower City

WOODSIDE

Borrower State

NY

Borrower Zip

11377

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89142.00

Current Approval Amount

89142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODSIDE

Project County Name

QUEENS

Project State

NY

Project Zip

11377-0001

CD

NY-14

Jobs Reported

6

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1274.00

Payroll Proceed

73618.00

Mortgage Interest Proceed

0.00

Rent Proceed

14250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89957.35

Forgiveness Date

04/05/2021

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