PPP Loan information for Borg indak inc.

$335,000

Borg indak inc. was initially approved for PPP Loan of amount $335,000, the current approved amount is $335,000. The loan was approved on 02/11/2021 by The First Bank Chicago reported 57 jobs and $335,000 was used to fund payroll.

Borg indak inc. is Existing or more than 2 years old

BORG INDAK INC.

Date Approved

02/11/2021

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BORG INDAK INC.

Borrower Address

701 Enterprise Dr

Borrower City

Delavan

Borrower State

WI

Borrower Zip

53115-1313

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335000.00

Current Approval Amount

335000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21519

Servicing Lender Name

First Bank Chicago

Servicing Lender Address

1835 First St

Servicing Lender City

HIGHLAND PARK

Servicing Lender State

IL

Servicing Lender Zip

60035-3101

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delavan

Project County Name

WALWORTH

Project State

WI

Project Zip

53115-1313

CD

WI-01

Jobs Reported

57

NAICS Code

335931

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334998.00

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

Subchapter S Corporation

Originating Lender Location Id

21519

Originating Lender

First Bank Chicago

Originating Lender City

HIGHLAND PARK

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336228.33

Forgiveness Date

06/30/2021

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