PPP Loan information for Borns group inc.

$454,600

Borns group inc. was initially approved for PPP Loan of amount $454,600, the current approved amount is $454,600. The loan was approved on 04/08/2020 by The First Interstate Bank reported 42 jobs and $454,600 was used to fund payroll.

Borns group inc. is Existing or more than 2 years old

BORNS GROUP INC.

Date Approved

04/08/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BORNS GROUP INC.

Borrower Address

1610 14th Ave SE

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-5324

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

454600.00

Current Approval Amount

454600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-5324

CD

SD-

Jobs Reported

42

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

454600.00

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

Subchapter S Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

459855.92

Forgiveness Date

06/15/2021

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