Borchers Rentals, INC

$105,365 PPP Loan in Tipp City, Ohio

Loan Details

Loan Number
7761637002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$105,365
Current Approval
$105,365
Forgiveness Amount
$106,117
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Borchers Rentals, INC
Address
603 W. Walnut St
State
Ohio
ZIP Code
45371-1454
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531110)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OH-15

Loan Use Breakdown

Payroll
$95,191
Rent
$2,000
Utilities
$1,000
Health Care
$4,634
Debt Interest
$2,540

Lender Information

Servicing Lender
Brookville Building & Savings Association
Originating Lender
Brookville Building & Savings Association

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