PPP Loan information for Berco, inc.

$40,800

Berco, inc. was initially approved for PPP Loan of amount $40,800, the current approved amount is $40,800. The loan was approved on 04/08/2020 by The Peoples Bank of Alabama reported 11 jobs and $40,800 was used to fund payroll.

Berco, inc. is New Business or 2 years or less

BERCO, INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BERCO, INC.

Borrower Address

1202 HWY 31 NW

Borrower City

HARTSELLE

Borrower State

AL

Borrower Zip

35640

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40800.00

Current Approval Amount

40800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HARTSELLE

Project County Name

MORGAN

Project State

AL

Project Zip

35640-0001

CD

AL-05

Jobs Reported

11

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41106.00

Forgiveness Date

01/11/2021

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