PPP Loan information for Borcherding enterprise, inc.

$565,650

Borcherding enterprise, inc. was initially approved for PPP Loan of amount $565,650, the current approved amount is $565,650. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 59 jobs and $565,650 was used to fund payroll.

Borcherding enterprise, inc. is Change of Ownership

BORCHERDING ENTERPRISE, INC.

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BORCHERDING ENTERPRISE, INC.

Borrower Address

9737 Kings Auto Mall Road

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45249-8243

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565650.00

Current Approval Amount

565650.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45249-8243

CD

OH-01

Jobs Reported

59

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

565650.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203339.01

Forgiveness Date

07/14/2021

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