ALAN & KRISTIE BORGELT FARMS (NE) - 2020 PPP Loan Borrower Profile (# 6246297008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAN & KRISTIE BORGELT FARMS. 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 Nebraska.

Loan Detail

Loan Number

6246297008

SBA Office Code

0766

Processing Method

PPP

Curent Loan Amount

$40,900

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$41,131.77

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

40,900

Lender

Midwest Bank

Business Detail

Business Type

Partnership

NAICS

112111

Borrower Location

WISNER, NE

Project Location

WISNER, NE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.