# PPP loan: GENESIS ELECTRICAL SERVICE INC
> **$228K** approved 03/24/2021 · Paid in Full · Loan `7854978604`
## Borrower
- **Name:** GENESIS ELECTRICAL SERVICE INC
- **Address:** 51 Carpenter Ct NW C, Concord, NC, 28027-4638
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 06/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 37
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*