PPP Loan information for Genesis 1 electric, inc.

$47,200

Genesis 1 electric, inc. was initially approved for PPP Loan of amount $47,200, the current approved amount is $47,200. The loan was approved on 04/09/2020 by The Commerce Bank reported 6 jobs and $47,200 was used to fund payroll.

Genesis 1 electric, inc. is Existing or more than 2 years old

GENESIS 1 ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

GENESIS 1 ELECTRIC, INC.

Borrower Address

4609 E. 205th Street

Borrower City

BELTON

Borrower State

MO

Borrower Zip

64012-9234

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47200.00

Current Approval Amount

47200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELTON

Project County Name

CASS

Project State

MO

Project Zip

64012-9234

CD

MO-04

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47200.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47893.58

Forgiveness Date

09/29/2021

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