# PPP loan: GENOSOURCE, LLC
> **$424K** approved 04/09/2020 · Paid in Full · Loan `9556467010`
## Borrower
- **Name:** GENOSOURCE, LLC
- **Address:** 2188 78TH ST, BALDWIN, IA, 52209-9535
- **NAICS:** 112120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $428K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $5K
- **Mortgage interest:** $55K
- **Utilities:** $25K
- **Health care:** $2K
- **Jobs reported:** 48
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*