PPP Loan information for Bercorp inc.

$109,100

Bercorp inc. was initially approved for PPP Loan of amount $109,100, the current approved amount is $109,100. The loan was approved on 02/05/2021 by The Alerus Financial, National Association reported 16 jobs and $109,100 was used to fund payroll.

Bercorp inc. is Existing or more than 2 years old

PPP Loan Search / MN / Excelsior / Bercorp inc.

BERCORP INC.

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BERCORP INC.

Borrower Address

304 Water St

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331-2203

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109100.00

Current Approval Amount

109100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Excelsior

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-2203

CD

MN-03

Jobs Reported

16

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109095.00

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

Subchapter S Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110415.26

Forgiveness Date

04/21/2022

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