PPP Loan information for Genc restaurant group

$191,956

Genc restaurant group was initially approved for PPP Loan of amount $191,956, the current approved amount is $191,956. The loan was approved on 02/25/2021 by The HomeTrust Bank reported 100 jobs and $191,956 was used to fund payroll.

Genc restaurant group is Existing or more than 2 years old

GENC RESTAURANT GROUP

Date Approved

02/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

GENC RESTAURANT GROUP

Borrower Address

350 Town Center Ave

Borrower City

Suwanee

Borrower State

GA

Borrower Zip

30024-6914

Loan Status Date

07/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

191956.07

Current Approval Amount

191956.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Suwanee

Project County Name

GWINNETT

Project State

GA

Project Zip

30024-6914

CD

GA-09

Jobs Reported

100

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

191953.07

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

Partnership

Originating Lender Location Id

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

194392.85

Forgiveness Date

06/03/2022

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