PPP Loan information for Borden motor co.

$32,703

Borden motor co. was initially approved for PPP Loan of amount $32,703, the current approved amount is $32,703. The loan was approved on 04/08/2020 by The Teachers CU reported 2 jobs and $32,703 was used to fund payroll.

Borden motor co. is Existing or more than 2 years old

PPP Loan Search / MI / EDWARDSBURG / Borden motor co.

BORDEN MOTOR CO.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BORDEN MOTOR CO.

Borrower Address

26472 US Highway 12

Borrower City

EDWARDSBURG

Borrower State

MI

Borrower Zip

49112-9311

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32703.00

Current Approval Amount

32703.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96759

Servicing Lender Name

Teachers CU

Servicing Lender Address

110 S Main St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1805

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDWARDSBURG

Project County Name

CASS

Project State

MI

Project Zip

49112-9311

CD

MI-06

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32703.00

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

Sole Proprietorship

Originating Lender Location Id

96759

Originating Lender

Teachers CU

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31897.56

Forgiveness Date

11/25/2020

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