PPP Loan information for Borco, inc.

$98,986

Borco, inc. was initially approved for PPP Loan of amount $98,985, the current approved amount is $98,986. The loan was approved on 07/22/2020 by The Truist Bank reported 7 jobs and $98,986 was used to fund payroll.

Borco, inc. is Existing or more than 2 years old

BORCO, INC.

Date Approved

07/22/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BORCO, INC.

Borrower Address

6682 NC Hwy 43 South

Borrower City

GREENVILLE

Borrower State

NC

Borrower Zip

27858

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98985.00

Current Approval Amount

98985.94

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

PITT

Project State

NC

Project Zip

27858-0001

CD

NC-01

Jobs Reported

7

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98985.94

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99519.36

Forgiveness Date

02/24/2021

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