PPP Loan information for Michael borcherding

$20,833

Michael borcherding was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 03/12/2021 by The St. Ansgar State Bank reported 1 jobs and $20,833 was used to fund payroll.

Michael borcherding is Existing or more than 2 years old

MICHAEL BORCHERDING

Date Approved

03/12/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MICHAEL BORCHERDING

Borrower Address

4599 Hickory Ave

Borrower City

Saint Ansgar

Borrower State

IA

Borrower Zip

50472-8648

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.33

Current Approval Amount

20833.33

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25434

Servicing Lender Name

St. Ansgar State Bank

Servicing Lender Address

237 W 4th St

Servicing Lender City

SAINT ANSGAR

Servicing Lender State

IA

Servicing Lender Zip

50472-1312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Ansgar

Project County Name

MITCHELL

Project State

IA

Project Zip

50472-8648

CD

IA-02

Jobs Reported

1

NAICS Code

111191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20829.33

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

Sole Proprietorship

Originating Lender Location Id

25434

Originating Lender

St. Ansgar State Bank

Originating Lender City

SAINT ANSGAR

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20938.92

Forgiveness Date

09/17/2021

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