# PPP loan: GENESIS ELECTRIC & TECHNOLOGIES INC.
> **$525K** approved 01/31/2021 · Paid in Full · Loan `9858478309`
## Borrower
- **Name:** GENESIS ELECTRIC & TECHNOLOGIES INC.
- **Address:** 355 Lively Blvd, Elk Grove Village, IL, 60007-2009
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 48
## Lender
- **Originating:** Northbrook Bank & Trust Company, National Association
- **Servicing:** Northbrook Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*