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
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
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
Project County Name
TUSCOLA
Project State
Project Zip
CD
MI-05
Jobs Reported
2
NAICS Code
238320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
39144.03
Forgiveness Date
09/07/2021