PPP Loan information for Generation logistics inc

$239,786

Generation logistics inc was initially approved for PPP Loan of amount $239,786, the current approved amount is $239,786. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 35 jobs and $239,786 was used to fund payroll.

Generation logistics inc is Existing or more than 2 years old

GENERATION LOGISTICS INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GENERATION LOGISTICS INC

Borrower Address

2040 STANWOOD DRIVE

Borrower City

APEX

Borrower State

NC

Borrower Zip

27502

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

239786.00

Current Approval Amount

239786.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

APEX

Project County Name

WAKE

Project State

NC

Project Zip

27502-0001

CD

NC-13

Jobs Reported

35

NAICS Code

488999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239786.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

241454.65

Forgiveness Date

01/19/2021

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