# PPP loan: GENERIS TEK INC.
> **$395K** approved 04/27/2020 · Paid in Full · Loan `6251747202`
## Borrower
- **Name:** GENERIS TEK INC.
- **Address:** 988 INDIGO CT, HANOVER PARK, IL, 60133-3675
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 28
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*