PPP Loan information for Borgert products inc.

$413,603

Borgert products inc. was initially approved for PPP Loan of amount $413,603, the current approved amount is $413,603. The loan was approved on 01/21/2021 by The Citizens Alliance Bank reported 21 jobs and $413,603 was used to fund payroll.

Borgert products inc. is Existing or more than 2 years old

BORGERT PRODUCTS INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BORGERT PRODUCTS INC.

Borrower Address

8646 Ridgewood Rd

Borrower City

Saint Joseph

Borrower State

MN

Borrower Zip

56374-9401

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

413603.00

Current Approval Amount

413603.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Joseph

Project County Name

STEARNS

Project State

MN

Project Zip

56374-9401

CD

MN-06

Jobs Reported

21

NAICS Code

327331

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

413601.00

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

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

415778.67

Forgiveness Date

08/09/2021

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