Gentech Scientific Inc.

$421,000 PPP Loan in Arcade, New York

Loan Details

Loan Number
9242507104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$421,000
Current Approval
$421,000
Forgiveness Amount
$309,660
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Gentech Scientific Inc.
Address
25 Mill Street Michele@gentechscientific.com
City
Arcade
ZIP Code
14009
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (334516)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
NY-24

Loan Use Breakdown

Payroll
$315,750
Rent
$52,625
Utilities
$52,625

Lender Information

Servicing Lender
Evans Bank, National Association
Originating Lender
Evans Bank, National Association

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