PPP Loan information for Borg design, inc.

$286,500

Borg design, inc. was initially approved for PPP Loan of amount $286,500, the current approved amount is $286,500. The loan was approved on 04/04/2020 by The St. Mary's CU reported 27 jobs and $286,500 was used to fund payroll.

Borg design, inc. is Existing or more than 2 years old

BORG DESIGN, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BORG DESIGN, INC.

Borrower Address

19 BRENT DR

Borrower City

HUDSON

Borrower State

MA

Borrower Zip

01749-2903

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286500.00

Current Approval Amount

286500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98539

Servicing Lender Name

St. Mary's CU

Servicing Lender Address

46 Lizotte Dr

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-3061

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01749-2903

CD

MA-03

Jobs Reported

27

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

266500.00

Mortgage Interest Proceed

20000.00

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

98539

Originating Lender

St. Mary's CU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

288093.41

Forgiveness Date

11/03/2020

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