PPP Loan information for Borne holding co., inc.

$1,555,560

Borne holding co., inc. was initially approved for PPP Loan of amount $1,555,560, the current approved amount is $1,555,560. The loan was approved on 04/05/2020 by The Lakeland Bank reported 172 jobs and $1,555,560 was used to fund payroll.

Borne holding co., inc. is Existing or more than 2 years old

BORNE HOLDING CO., INC.

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BORNE HOLDING CO., INC.

Borrower Address

121 Ridge Road

Borrower City

Jamesburg

Borrower State

NJ

Borrower Zip

08831

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1555560.00

Current Approval Amount

1555560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jamesburg

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08831-0001

CD

NJ-12

Jobs Reported

172

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

1489560.00

Mortgage Interest Proceed

0.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6000

Business Type

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1554275.24

Forgiveness Date

11/09/2020

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