PPP Loan information for Berger electric inc

$519,100

Berger electric inc was initially approved for PPP Loan of amount $519,100, the current approved amount is $519,100. The loan was approved on 04/07/2020 by The Cornerstone Bank reported 26 jobs and $519,100 was used to fund payroll.

Berger electric inc is Existing or more than 2 years old

PPP Loan Search / ND / DICKINSON / Berger electric inc

BERGER ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BERGER ELECTRIC INC

Borrower Address

265 21ST ST E

Borrower City

DICKINSON

Borrower State

ND

Borrower Zip

58601-3137

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

519100.00

Current Approval Amount

519100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DICKINSON

Project County Name

STARK

Project State

ND

Project Zip

58601-3137

CD

ND-

Jobs Reported

26

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

469100.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

522921.15

Forgiveness Date

01/07/2021

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