PPP Loan information for Borowski race engines, inc.

$137,800

Borowski race engines, inc. was initially approved for PPP Loan of amount $137,800, the current approved amount is $137,800. The loan was approved on 04/29/2020 by The First Secure Community Bank reported 12 jobs and $137,800 was used to fund payroll.

Borowski race engines, inc. is Unanswered

PPP Loan Search / IL / JOLIET / Borowski race engines, inc.

BOROWSKI RACE ENGINES, INC.

Date Approved

04/29/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BOROWSKI RACE ENGINES, INC.

Borrower Address

1545 Mound Road

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60436

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137800.00

Current Approval Amount

137800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60436-1000

CD

IL-14

Jobs Reported

12

NAICS Code

811198

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2800.00

Payroll Proceed

125000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138795.22

Forgiveness Date

02/01/2021

;