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
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
Servicing Lender Zip
49230-8616
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LENAWEE
Project State
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
Rent Proceed
30000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
183750.19
Forgiveness Date
04/02/2021