Borgman Ford Sales, Inc.

$1,482,920 PPP Loan in Grandville, Michigan

Loan Details

Loan Number
1928727109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,482,920
Current Approval
$1,482,920
Forgiveness Amount
$1,494,289
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borgman Ford Sales, Inc.
Address
3150 28th St SW
ZIP Code
49418-1111
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
New Business or 2 years or less
Jobs Reported
126
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
MI-02

Loan Use Breakdown

Payroll
$1,482,920

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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