Borden-Perlman Insurance Agency, INC

$1,407,700 PPP Loan in Trenton, New Jersey

Loan Details

Loan Number
4666587009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,407,700
Current Approval
$1,364,400
Forgiveness Amount
$1,372,321
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Borden-Perlman Insurance Agency, INC
Address
250 Phillips Blvd
ZIP Code
08618-1425
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$31.9M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$454,800
Rent
$454,800
Utilities
$454,800

Lender Information

Servicing Lender
Magyar Bank
Originating Lender
Magyar Bank

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