PPP Loan information for Genesis factor llc

$315,641

Genesis factor llc was initially approved for PPP Loan of amount $315,641, the current approved amount is $315,641. The loan was approved on 02/09/2021 by The First Merchants Bank reported 13 jobs and $315,641 was used to fund payroll.

Genesis factor llc is Existing or more than 2 years old

GENESIS FACTOR LLC

Date Approved

02/09/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

GENESIS FACTOR LLC

Borrower Address

704 S SR 135 Ste D295

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143

Loan Status Date

04/20/2022

Loan Status

Charged Off

Term

45

SBA Guaranty Percentage

100

Initial Approval Amount

315640.58

Current Approval Amount

315640.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143

CD

IN-07

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

315640.58

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252780.14

Forgiveness Date

10/06/2021

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