PPP Loan information for Borgen electric inc

$38,750

Borgen electric inc was initially approved for PPP Loan of amount $38,750, the current approved amount is $38,750. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $38,750 was used to fund payroll.

Borgen electric inc is Existing or more than 2 years old

BORGEN ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

BORGEN ELECTRIC INC

Borrower Address

943 FAIR ST

Borrower City

PRESCOTT

Borrower State

AZ

Borrower Zip

86305

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38750.00

Current Approval Amount

38750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESCOTT

Project County Name

YAVAPAI

Project State

AZ

Project Zip

86305-0001

CD

AZ-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

35000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39218.36

Forgiveness Date

07/20/2021

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