Borton Automotive INC

$1,291,500 PPP Loan in Golden Valley, Minnesota

Loan Details

Loan Number
6196177106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,291,500
Current Approval
$1,291,500
Forgiveness Amount
$1,311,739
Forgiveness Date
Nov 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borton Automotive INC
Address
905 Hampshire Ave So
ZIP Code
55426
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
74
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$1,291,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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