PPP Loan information for Borchert enterprises, inc.

$406,100

Borchert enterprises, inc. was initially approved for PPP Loan of amount $406,100, the current approved amount is $406,100. The loan was approved on 04/04/2020 by The Choice Financial Group reported 22 jobs and $406,100 was used to fund payroll.

Borchert enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Borchert enterprises, inc.

BORCHERT ENTERPRISES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BORCHERT ENTERPRISES, INC.

Borrower Address

1650 MADISON AVE ste 101

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-5444

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406100.00

Current Approval Amount

406100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-5444

CD

MN-01

Jobs Reported

22

NAICS Code

541512

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

406100.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

409615.82

Forgiveness Date

03/01/2021

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