PPP Loan information for Borsello inc

$312,937

Borsello inc was initially approved for PPP Loan of amount $312,937, the current approved amount is $312,937. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 21 jobs and $312,937 was used to fund payroll.

Borsello inc is Existing or more than 2 years old

PPP Loan Search / DE / Hockessin / Borsello inc

BORSELLO INC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

BORSELLO INC

Borrower Address

702 Yorklyn Road Suite 5

Borrower City

Hockessin

Borrower State

DE

Borrower Zip

19707

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312937.02

Current Approval Amount

312937.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hockessin

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19707-0001

CD

DE-

Jobs Reported

21

NAICS Code

561730

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

39468.51

Payroll Proceed

234000.00

Mortgage Interest Proceed

39468.51

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316205.47

Forgiveness Date

05/06/2021

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