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The phrase "borrowed to" is grammatically correct and can be used in written English, although it is not a commonly used phrase.
It can be used in situations where someone lends or borrows an item, idea, or concept from someone else. Example: "I borrowed this dress to wear to the party tonight."
Exact(58)
So they borrowed to meet the gap.
I begged, stole and borrowed to get that film done".
Big stockmarket participants have also borrowed to the hilt.
Developers borrowed to build subdivisions and office parks.
We borrowed to invest, from creditors both domestic and foreign.
The paper borrowed to pay wages in November.
We begged and borrowed to make it happen.
Mr Ebbers owes WorldCom over $400m, which he borrowed to bet on WorldCom shares.
But in general, households have not borrowed to the hilt against those capital gains.
They borrowed to finance current consumption something that could not go on indefinitely.
Most remarkably, not one cent had been borrowed to pay for any of it.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com