PPP Loan information for Bor-it mfg co inc

$84,765

Bor-it mfg co inc was initially approved for PPP Loan of amount $84,765, the current approved amount is $84,765. The loan was approved on 01/17/2021 by The Consumers National Bank reported 11 jobs and $84,765 was used to fund payroll.

Bor-it mfg co inc is Existing or more than 2 years old

PPP Loan Search / OH / Ashland / Bor-it mfg co inc

BOR-IT MFG CO INC

Date Approved

01/17/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

BOR-IT MFG CO INC

Borrower Address

1687 Cleveland Rd

Borrower City

Ashland

Borrower State

OH

Borrower Zip

44805-1929

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84765.00

Current Approval Amount

84765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

ASHLAND

Project State

OH

Project Zip

44805-1929

CD

OH-04

Jobs Reported

11

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84764.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

85252.40

Forgiveness Date

08/18/2021

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