PPP Loan information for Bormann development inc

$563,500

Bormann development inc was initially approved for PPP Loan of amount $563,500, the current approved amount is $563,500. The loan was approved on 01/30/2021 by The GBank reported 31 jobs and $563,500 was used to fund payroll.

Bormann development inc is Existing or more than 2 years old

BORMANN DEVELOPMENT INC

Date Approved

01/30/2021

SBA Office Code

0944

Processing Method

PPS

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

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

563500.00

Current Approval Amount

563500.00

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

31

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

563497.00

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

565660.08

Forgiveness Date

06/23/2021

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