Borghi USA Inc. Oilhydraulic Conduits
$1,427,440 PPP Loan in West Burlington, Iowa
Loan Details
- Loan Number
- 6413017210
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,427,440
- Current Approval
- $1,200,000
- Forgiveness Amount
- $1,213,367
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Borghi USA Inc. Oilhydraulic Conduits
- Address
- 402 West Division St
- City
- West Burlington
- State
- Iowa
- ZIP Code
- 52655-1669
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 122
- Estimated Revenue
- $29.8M
- Rural/Urban
- Urban
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $1,200,000
Lender Information
- Servicing Lender
- Farmers & Merchants Bank & Trust
- Originating Lender
- Farmers & Merchants Bank & Trust
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