PPP Loan information for Borgerding management, llc

$97,800

Borgerding management, llc was initially approved for PPP Loan of amount $97,800, the current approved amount is $97,800. The loan was approved on 04/09/2020 by The Lake Region Bank reported 25 jobs and $97,800 was used to fund payroll.

Borgerding management, llc is Existing or more than 2 years old

BORGERDING MANAGEMENT, LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BORGERDING MANAGEMENT, LLC

Borrower Address

1745 Pleasantview Circle

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-5458

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97800.00

Current Approval Amount

97800.00

Undisbursed Amount

0.00

Franchise Name

Little Caesars

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-5458

CD

MN-07

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9780.00

Payroll Proceed

78240.00

Mortgage Interest Proceed

0.00

Rent Proceed

9780.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98889.38

Forgiveness Date

05/24/2021

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