Borden Excavating, Inc.

$91,250 PPP Loan in Merrifield, Minnesota

Loan Details

Loan Number
9352217003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$91,250
Current Approval
$91,250
Forgiveness Amount
$91,820
Forgiveness Date
Dec 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Borden Excavating, Inc.
Address
13110 Borden Rd
ZIP Code
56465-4517
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$68,500
Utilities
$9,125
Mortgage Interest
$13,625

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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