PPP Loan information for Borgerding, inc.

$10,500

Borgerding, inc. was initially approved for PPP Loan of amount $10,500, the current approved amount is $10,500. The loan was approved on 07/31/2020 by The ELGA CU reported 6 jobs and $10,500 was used to fund payroll.

Borgerding, inc. is Existing or more than 2 years old

BORGERDING, INC.

Date Approved

07/31/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BORGERDING, INC.

Borrower Address

13040 North Linden

Borrower City

CLIO

Borrower State

MI

Borrower Zip

48420-8206

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10500.00

Current Approval Amount

10500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIO

Project County Name

GENESEE

Project State

MI

Project Zip

48420-8206

CD

MI-08

Jobs Reported

6

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4200.00

Payroll Proceed

6300.00

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

Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10580.79

Forgiveness Date

05/17/2021

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