# PPP loan: BORG INDAK INC.
> **$335K** approved 02/11/2021 · Paid in Full · Loan `7041178407`
## Borrower
- **Name:** BORG INDAK INC.
- **Address:** 701 Enterprise Dr, Delavan, WI, 53115-1313
- **NAICS:** 335931
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $336K (100%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $335K
- **Jobs reported:** 57
## Lender
- **Originating:** First Bank Chicago
- **Servicing:** First Bank Chicago (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*