PPP Loan information for Bormann brothers inc.

$317,665

Bormann brothers inc. was initially approved for PPP Loan of amount $317,665, the current approved amount is $317,665. The loan was approved on 03/12/2021 by The The Lowell Five Cent Savings Bank reported 22 jobs and $317,665 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

03/12/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BORMANN BROTHERS INC.

Borrower Address

30 Lomar Park

Borrower City

Pepperell

Borrower State

MA

Borrower Zip

01463-1416

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

317665.00

Current Approval Amount

317665.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Pepperell

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01463-1416

CD

MA-03

Jobs Reported

22

NAICS Code

484210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

317663.00

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

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

319623.21

Forgiveness Date

10/29/2021

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