# PPP loan: BORGESON UNIVERSAL COMPANY INC.
> **$284K** approved 04/03/2020 · Paid in Full · Loan `4485957003`
## Borrower
- **Name:** BORGESON UNIVERSAL COMPANY INC.
- **Address:** 9 KRIEGER DR, TRAVELERS REST, SC, 29690-8331
- **NAICS:** 336350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $286K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Utilities:** $49K
- **Health care:** $21K
- **Jobs reported:** 25
## Lender
- **Originating:** Bank of Travelers Rest
- **Servicing:** Bank of Travelers Rest (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*