PPP Loan information for Bormann development, inc.

$563,700

Bormann development, inc. was initially approved for PPP Loan of amount $483,200, the current approved amount is $563,700. The loan was approved on 04/03/2020 by The GBank reported 30 jobs and $563,700 was used to fund payroll.

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

PPP Loan Search / NV / LAS VEGAS / Bormann development, inc.

BORMANN DEVELOPMENT, INC.

Date Approved

04/03/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

BORMANN DEVELOPMENT, INC.

Borrower Address

4121 WAGON TRAIL AVE

Borrower City

LAS VEGAS

Borrower State

NV

Borrower Zip

89118-4426

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

483200.00

Current Approval Amount

563700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450833

Servicing Lender Name

GBank

Servicing Lender Address

9115 W Russell Rd, Ste 110

Servicing Lender City

LAS VEGAS

Servicing Lender State

NV

Servicing Lender Zip

89148-1235

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAS VEGAS

Project County Name

CLARK

Project State

NV

Project Zip

89118-4426

CD

NV-03

Jobs Reported

30

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

140925.00

Payroll Proceed

422775.00

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

450833

Originating Lender

GBank

Originating Lender City

LAS VEGAS

Originating Lender State

NV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

497967.29

Forgiveness Date

11/10/2020

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