Gene's Root Beer Inc.

$162,000 PPP Loan in Anderson, Indiana

Loan Details

Loan Number
8213277310
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$162,000
Current Approval
$162,000
Forgiveness Amount
$163,966
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gene's Root Beer Inc.
Address
640 S Scatterfield Rd
State
Indiana
ZIP Code
46012
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$145,800
Rent
$11,200
Utilities
$5,000

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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