Borne Holding Co., Inc.

$1,555,560 PPP Loan in Jamesburg, New Jersey

Loan Details

Loan Number
5568777008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,555,560
Current Approval
$1,555,560
Forgiveness Amount
$1,564,358
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borne Holding Co., Inc.
Address
121 Ridge Road
ZIP Code
08831
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
172
Estimated Revenue
$43.6M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$1,489,560
Rent
$45,000
Utilities
$15,000
Debt Interest
$6,000

Lender Information

Servicing Lender
Provident Bank
Originating Lender
Provident Bank

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