PPP Loan information for Borman enterprises inc

$24,635

Borman enterprises inc was initially approved for PPP Loan of amount $24,635, the current approved amount is $24,635. The loan was approved on 03/16/2021 by The First Bank, Upper Michigan reported 6 jobs and $24,635 was used to fund payroll.

Borman enterprises inc is Existing or more than 2 years old

PPP Loan Search / MI / Escanaba / Borman enterprises inc

BORMAN ENTERPRISES INC

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BORMAN ENTERPRISES INC

Borrower Address

5059 18th Rd

Borrower City

Escanaba

Borrower State

MI

Borrower Zip

49829-9555

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24635.00

Current Approval Amount

24635.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Escanaba

Project County Name

DELTA

Project State

MI

Project Zip

49829-9555

CD

MI-01

Jobs Reported

6

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

24631.00

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

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24819.26

Forgiveness Date

12/21/2021

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