PPP Loan information for Genesis technology usa, inc.

$519,530

Genesis technology usa, inc. was initially approved for PPP Loan of amount $519,530, the current approved amount is $519,530. The loan was approved on 04/15/2020 by The Merit Bank reported 33 jobs and $519,530 was used to fund payroll.

Genesis technology usa, inc. is Existing or more than 2 years old

GENESIS TECHNOLOGY USA, INC.

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GENESIS TECHNOLOGY USA, INC.

Borrower Address

1325 CAPITAL CIR

Borrower City

LAWRENCEVILLE

Borrower State

GA

Borrower Zip

30043-5892

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519530.00

Current Approval Amount

519530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCEVILLE

Project County Name

GWINNETT

Project State

GA

Project Zip

30043-5892

CD

GA-09

Jobs Reported

33

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

519530.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

522676.04

Forgiveness Date

11/27/2020

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