Borgert Products, Inc.

$453,500 PPP Loan in Saint Joseph, Minnesota

Loan Details

Loan Number
4345837000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$453,500
Current Approval
$453,500
Forgiveness Amount
$456,880
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borgert Products, Inc.
Address
8646 Ridgewood Rd Box 39
ZIP Code
56374-9401
Business Type
Corporation
Industry (NAICS)
Manufacturing (327331)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$18.8M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$431,818
Utilities
$8,602
Mortgage Interest
$13,080

Lender Information

Servicing Lender
Citizens Alliance Bank
Originating Lender
Citizens Alliance Bank

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