PPP Loan information for Genesis learning centers

$636,600

Genesis learning centers was initially approved for PPP Loan of amount $651,000, the current approved amount is $636,600. The loan was approved on 04/15/2020 by The Insbank reported 87 jobs and $636,600 was used to fund payroll.

Genesis learning centers is Existing or more than 2 years old

GENESIS LEARNING CENTERS

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

GENESIS LEARNING CENTERS

Borrower Address

430 ALLIED DR

Borrower City

NASHVILLE

Borrower State

TN

Borrower Zip

37211-3304

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

651000.00

Current Approval Amount

636600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203681

Servicing Lender Name

Insbank

Servicing Lender Address

2106 Crestmoor Rd

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37215-2605

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NASHVILLE

Project County Name

DAVIDSON

Project State

TN

Project Zip

37211-3304

CD

TN-05

Jobs Reported

87

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

477450.00

Mortgage Interest Proceed

59150.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

203681

Originating Lender

Insbank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

642276.35

Forgiveness Date

03/10/2021

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