PPP Loan information for Genesis communications network

$131,300

Genesis communications network was initially approved for PPP Loan of amount $144,700, the current approved amount is $131,300. The loan was approved on 04/06/2020 by The Choice Financial Group reported 15 jobs and $131,300 was used to fund payroll.

Genesis communications network is Existing or more than 2 years old

GENESIS COMMUNICATIONS NETWORK

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GENESIS COMMUNICATIONS NETWORK

Borrower Address

190 COBBLESTONE LN

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-4578

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144700.00

Current Approval Amount

131300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-4578

CD

MN-02

Jobs Reported

15

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

131300.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

132264.07

Forgiveness Date

01/14/2021

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