Borgic Farms, INC

$346,840 PPP Loan in Raymond, Illinois

Loan Details

Loan Number
9872747002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$346,840
Current Approval
$346,840
Forgiveness Amount
$349,335
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Borgic Farms, INC
Address
112 S Mcgown St
ZIP Code
62560-4963
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424520)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$260,130
Utilities
$28,903
Health Care
$28,903
Mortgage Interest
$28,903

Lender Information

Servicing Lender
Bank & Trust Company
Originating Lender
Bank & Trust Company

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