PPP Loan information for Gene's root beer inc.

$162,000

Gene's root beer inc. was initially approved for PPP Loan of amount $162,000, the current approved amount is $162,000. The loan was approved on 05/01/2020 by The STAR Financial Bank reported 42 jobs and $162,000 was used to fund payroll.

Gene's root beer inc. is Existing or more than 2 years old

PPP Loan Search / IN / ANDERSON / Gene's root beer inc.

GENE'S ROOT BEER INC.

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GENE'S ROOT BEER INC.

Borrower Address

640 S Scatterfield Rd

Borrower City

ANDERSON

Borrower State

IN

Borrower Zip

46012

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162000.00

Current Approval Amount

162000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

MADISON

Project State

IN

Project Zip

46012-0001

CD

IN-05

Jobs Reported

42

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

145800.00

Mortgage Interest Proceed

0.00

Rent Proceed

11200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163966.19

Forgiveness Date

07/22/2021

;