PPP Loan information for Bergstrom automotive management, inc

$1,231,700

Bergstrom automotive management, inc was initially approved for PPP Loan of amount $1,231,700, the current approved amount is $1,231,700. The loan was approved on 04/03/2020 by The First United Bank reported 106 jobs and $1,231,700 was used to fund payroll.

Bergstrom automotive management, inc is Existing or more than 2 years old

BERGSTROM AUTOMOTIVE MANAGEMENT, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

BERGSTROM AUTOMOTIVE MANAGEMENT, INC

Borrower Address

123 5th St NE

Borrower City

DEVILS LAKE

Borrower State

ND

Borrower Zip

58301-2423

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1231700.00

Current Approval Amount

1231700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEVILS LAKE

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-2423

CD

ND-

Jobs Reported

106

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1231700.00

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

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1238550.28

Forgiveness Date

11/03/2020

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