PPP Loan information for Genesis electric & technologies, inc.

$524,800

Genesis electric & technologies, inc. was initially approved for PPP Loan of amount $524,800, the current approved amount is $524,800. The loan was approved on 04/07/2020 by The Northbrook Bank & Trust Company, National Association reported 48 jobs and $524,800 was used to fund payroll.

Genesis electric & technologies, inc. is Existing or more than 2 years old

GENESIS ELECTRIC & TECHNOLOGIES, INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GENESIS ELECTRIC & TECHNOLOGIES, INC.

Borrower Address

355 Lively Blvd

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-2009

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524800.00

Current Approval Amount

524800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203722

Servicing Lender Name

Northbrook Bank & Trust Company, National Association

Servicing Lender Address

1100 Waukegan Rd

Servicing Lender City

NORTHBROOK

Servicing Lender State

IL

Servicing Lender Zip

60062-4663

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

COOK

Project State

IL

Project Zip

60007-2009

CD

IL-03

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65600.00

Payroll Proceed

393600.00

Mortgage Interest Proceed

0.00

Rent Proceed

65600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203722

Originating Lender

Northbrook Bank & Trust Company, National Association

Originating Lender City

NORTHBROOK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

530601.96

Forgiveness Date

05/20/2021

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