I.G. BURTON & COMPANY, INC. (DE) - 2020 PPP Loan Borrower Profile (# 9554307004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to I.G. BURTON & COMPANY, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

9554307004

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$2,742,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$2,778,191.26

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

52,370

Payroll Proced

1,903,250

Mortgage Interest Proceed

Rent Proceed

444,000

Refinance EIDL Proceed

Health Care Proceed

140,718

Debt Interest Proceed

202,462

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Corporation

NAICS

441110

Borrower Location

Milford, DE

Project Location

Milford, DE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

220

Business Age Description

Existing or more than 2 years old

Data Source: SBA.