PPP Loan information for John borcherding

$38,970

John borcherding was initially approved for PPP Loan of amount $38,970, the current approved amount is $38,970. The loan was approved on 03/20/2021 by The Frankenmuth CU reported 2 jobs and $38,970 was used to fund payroll.

John borcherding is Existing or more than 2 years old

JOHN BORCHERDING

Date Approved

03/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JOHN BORCHERDING

Borrower Address

3461 Millington Rd

Borrower City

Millington

Borrower State

MI

Borrower Zip

48746-9608

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38970.20

Current Approval Amount

38970.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millington

Project County Name

TUSCOLA

Project State

MI

Project Zip

48746-9608

CD

MI-05

Jobs Reported

2

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38970.20

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

Sole Proprietorship

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39144.03

Forgiveness Date

09/07/2021

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