PPP Loan information for Bor-it mfg. co. inc.

$84,800

Bor-it mfg. co. inc. was initially approved for PPP Loan of amount $84,800, the current approved amount is $84,800. The loan was approved on 04/08/2020 by The Consumers National Bank reported 10 jobs and $84,800 was used to fund payroll.

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

BOR-IT MFG. CO. INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

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

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84800.00

Current Approval Amount

84800.00

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

10

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84800.00

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

85320.58

Forgiveness Date

11/25/2020

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