Bormann Marketing INC
$241,900 PPP Loan in Hopkins, Minnesota
Loan Details
- Loan Number
- 9787847101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $241,900
- Current Approval
- $241,900
- Forgiveness Amount
- $244,044
- Forgiveness Date
- Mar 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bormann Marketing INC
- Address
- 1212 5th St
- City
- Hopkins
- State
- Minnesota
- ZIP Code
- 55343-7856
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541613)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $181,425
- Rent
- $48,380
- Utilities
- $12,095
Lender Information
- Servicing Lender
- First Bank Elk River
- Originating Lender
- First Bank Elk River
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