# PPP loan: GENESIS PRODUCTS, LLC
> **$8.77M** approved 04/05/2020 · Paid in Full · Loan `5477437005`
## Borrower
- **Name:** GENESIS PRODUCTS, LLC
- **Address:** 2608 ALMAC CT, ELKHART, IN, 46514-7628
- **NAICS:** 321911
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.77M
- **Initial approval:** $8.77M
- **Forgiven:** $8.87M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.73M
- **Rent:** $684K
- **Utilities:** $355K
- **Jobs reported:** 500
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*