Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
BORGERT PRODUCTS, INC.
Borrower Address
8646 Ridgewood RD Box 39
Borrower City
SAINT JOSEPH
Borrower State
MN
Borrower Zip
56374-9401
Loan Status Date
02/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
453500.00
Current Approval Amount
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
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
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
19
NAICS Code
327331
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8602.00
Payroll Proceed
431818.00
Mortgage Interest Proceed
13080.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
456879.51
Forgiveness Date
01/08/2021