Borchert Motors INC
$19,900 PPP Loan in Faribault, Minnesota
Loan Details
- Loan Number
- 5204467204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $19,900
- Current Approval
- $19,900
- Forgiveness Amount
- $20,008
- Forgiveness Date
- Nov 17, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Borchert Motors INC
- Address
- 18295 Faribault Blvd
- City
- Faribault
- State
- Minnesota
- ZIP Code
- 55021-8077
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 3
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $19,900
Lender Information
- Servicing Lender
- 1st United Bank
- Originating Lender
- 1st United Bank
Other PPP Loans in Faribault, MN
| Business | Approved | |
|---|---|---|
| Abc Bus Companies, Inc. | $8,405,965 |  AI Deep Dive |
| Shattuck-St. Mary's School | $2,693,520 | AI Deep Dive |
| Interstate Improvement | $1,780,577 | AI Deep Dive |
| Met-Con Construction Inc. | $1,636,318 | AI Deep Dive |
| Met-Con Construction, Inc. | $1,636,300 | AI Deep Dive |
Want to research this company further?