Borowski Race Engines, Inc.

$137,800 PPP Loan in Joliet, Illinois

Loan Details

Loan Number
3159387303
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$137,800
Current Approval
$137,800
Forgiveness Amount
$138,795
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borowski Race Engines, Inc.
Address
1545 Mound Road
City
Joliet
ZIP Code
60436
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
Unanswered
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$125,000
Rent
$10,000
Utilities
$2,800

Lender Information

Servicing Lender
First Secure Community Bank
Originating Lender
First Secure Community Bank

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