PPP Loan information for Genesis group homes inc

$1,650,100

Genesis group homes inc was initially approved for PPP Loan of amount $1,650,100, the current approved amount is $1,650,100. The loan was approved on 04/04/2020 by The 21st Century Bank reported 208 jobs and $1,650,100 was used to fund payroll.

Genesis group homes inc is Existing or more than 2 years old

GENESIS GROUP HOMES INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GENESIS GROUP HOMES INC

Borrower Address

8245 93RD AVE N

Borrower City

Brooklyn Park

Borrower State

MN

Borrower Zip

55445-1509

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1650100.00

Current Approval Amount

1650100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55445-1509

CD

MN-03

Jobs Reported

208

NAICS Code

623210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1650100.00

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

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1660092.27

Forgiveness Date

11/19/2020

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