PPP Loan information for Burton industries inc

$470,000

Burton industries inc was initially approved for PPP Loan of amount $470,000, the current approved amount is $470,000. The loan was approved on 04/06/2020 by The Gogebic Range Bank reported 73 jobs and $470,000 was used to fund payroll.

Burton industries inc is Existing or more than 2 years old

BURTON INDUSTRIES INC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BURTON INDUSTRIES INC

Borrower Address

9821 Cedar Falls Road PO Boxk 250

Borrower City

HAZELHURST

Borrower State

WI

Borrower Zip

54531-9616

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470000.00

Current Approval Amount

470000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAZELHURST

Project County Name

ONEIDA

Project State

WI

Project Zip

54531-9616

CD

WI-07

Jobs Reported

73

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

470000.00

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

Corporation

Originating Lender Location Id

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

475884.66

Forgiveness Date

07/15/2021

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