Date Approved
04/08/2020
SBA Office Code
0390
Processing Method
PPP
Borrower Name
GENESIS RAIL SERVICES, INC
Borrower Address
1185 COAL HERITAGE RD
Borrower City
BLUEFIELD
Borrower State
WV
Borrower Zip
24701-9472
Loan Status Date
02/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
689500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
73431
Servicing Lender Name
Legacy Bank
Servicing Lender Address
20957 Riverside Dr
Servicing Lender City
GRUNDY
Servicing Lender State
VA
Servicing Lender Zip
24614
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MERCER
Project State
Project Zip
CD
WV-01
Jobs Reported
52
NAICS Code
482111
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4274.23
Payroll Proceed
610002.86
Mortgage Interest Proceed
Rent Proceed
5000.00
Refinance EIDL Proceed
Health Care Proceed
29743.54
Debt Interest Proceed
40479.37
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
694487.07
Forgiveness Date
12/31/2020