PPP Loan information for Genesis products, llc

$8,768,300

Genesis products, llc was initially approved for PPP Loan of amount $8,768,300, the current approved amount is $8,768,300. The loan was approved on 04/05/2020 by The Lake City Bank reported 500 jobs and $8,768,300 was used to fund payroll.

Genesis products, llc is Existing or more than 2 years old

GENESIS PRODUCTS, LLC

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GENESIS PRODUCTS, LLC

Borrower Address

2608 ALMAC CT

Borrower City

ELKHART

Borrower State

IN

Borrower Zip

46514-7628

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8768300.00

Current Approval Amount

8768300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART

Project County Name

ELKHART

Project State

IN

Project Zip

46514-7628

CD

IN-02

Jobs Reported

500

NAICS Code

321911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

355000.00

Payroll Proceed

7729722.00

Mortgage Interest Proceed

0.00

Rent Proceed

683578.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8871083.96

Forgiveness Date

06/11/2021

;