Genesis Rail Services, INC

$689,500 PPP Loan in Bluefield, West Virginia

Loan Details

Loan Number
8656327006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$689,500
Current Approval
$689,500
Forgiveness Amount
$694,487
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Genesis Rail Services, INC
Address
1185 Coal Heritage Rd
ZIP Code
24701-9472
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (482111)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
WV-01

Loan Use Breakdown

Payroll
$610,003
Rent
$5,000
Utilities
$4,274
Health Care
$29,744
Debt Interest
$40,479

Lender Information

Servicing Lender
Legacy Bank
Originating Lender
Legacy Bank

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