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Bormann Development, Inc.

$483,200 PPP Loan in Las Vegas, Nevada

Loan Details

Loan Number
4550607000
Date Approved
Apr 3, 2020
Loan Status
Exemption 4
Initial Approval
$483,200
Current Approval
$563,700
Forgiveness Amount
$497,967
Forgiveness Date
Nov 10, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Bormann Development, Inc.
Address
4121 Wagon Trail Ave
City
Las Vegas
State
Nevada
ZIP Code
89118-4426
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$34.2M
Rural/Urban
Urban
Congressional District
NV-03

Loan Use Breakdown

Payroll
$422,775
Utilities
$140,925

Lender Information

Servicing Lender
Gbank
Originating Lender
Gbank

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