Bormann Brothers, Inc.

$325,239 PPP Loan in Pepperell, Massachusetts

Loan Details

Loan Number
6927757010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$325,239
Current Approval
$325,239
Forgiveness Amount
$327,012
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Bormann Brothers, Inc.
Address
30 Lomar Park Drive
ZIP Code
01463
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$291,712
Health Care
$33,527

Lender Information

Servicing Lender
The Lowell Five Cent Savings Bank
Originating Lender
The Lowell Five Cent Savings Bank

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