# PPP loan: GENE'S ROOT BEER INC.
> **$162K** approved 05/01/2020 · Paid in Full · Loan `8213277310`
## Borrower
- **Name:** GENE'S ROOT BEER INC.
- **Address:** 640 S Scatterfield Rd, ANDERSON, IN, 46012
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $11K
- **Utilities:** $5K
- **Jobs reported:** 42
## Lender
- **Originating:** STAR Financial Bank
- **Servicing:** STAR Financial Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*