PPP Loan information for Borchardt bros., inc.

$182,000

Borchardt bros., inc. was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 04/13/2020 by The Bank Michigan reported 22 jobs and $182,000 was used to fund payroll.

Borchardt bros., inc. is Existing or more than 2 years old

BORCHARDT BROS., INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BORCHARDT BROS., INC.

Borrower Address

628 W. Adrian St.

Borrower City

Blissfield

Borrower State

MI

Borrower Zip

49228

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blissfield

Project County Name

LENAWEE

Project State

MI

Project Zip

49228-0001

CD

MI-07

Jobs Reported

22

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17524.00

Payroll Proceed

134476.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183750.19

Forgiveness Date

04/02/2021

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