PPP Loan information for Borsgard construction llc

$23,500

Borsgard construction llc was initially approved for PPP Loan of amount $23,500, the current approved amount is $23,500. The loan was approved on 04/15/2020 by The Bank Midwest reported 2 jobs and $23,500 was used to fund payroll.

Borsgard construction llc is Existing or more than 2 years old

BORSGARD CONSTRUCTION LLC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BORSGARD CONSTRUCTION LLC

Borrower Address

2225 RIVER RD

Borrower City

WINDOM

Borrower State

MN

Borrower Zip

56101-1078

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23500.00

Current Approval Amount

23500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDOM

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56101-1078

CD

MN-07

Jobs Reported

2

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23731.08

Forgiveness Date

04/13/2021

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