Borchardt Bros., Inc.

$182,000 PPP Loan in Blissfield, Michigan

Loan Details

Loan Number
4785977109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$182,000
Current Approval
$182,000
Forgiveness Amount
$183,750
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borchardt Bros., Inc.
Address
628 W. Adrian St.
ZIP Code
49228
Business Type
Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$134,476
Rent
$30,000
Utilities
$17,524

Lender Information

Servicing Lender
Bank Michigan
Originating Lender
Bank Michigan

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