PPP Loan information for Bormann brothers, inc.

$325,239

Bormann brothers, inc. was initially approved for PPP Loan of amount $325,239, the current approved amount is $325,239. The loan was approved on 04/07/2020 by The The Lowell Five Cent Savings Bank reported 22 jobs and $325,239 was used to fund payroll.

Bormann brothers, inc. is Existing or more than 2 years old

PPP Loan Search / MA / PEPPERELL / Bormann brothers, inc.

BORMANN BROTHERS, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BORMANN BROTHERS, INC.

Borrower Address

30 Lomar Park Drive

Borrower City

PEPPERELL

Borrower State

MA

Borrower Zip

01463

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325239.00

Current Approval Amount

325239.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEPPERELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01463-0001

CD

MA-03

Jobs Reported

22

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

291712.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33527.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327012.22

Forgiveness Date

11/03/2020

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