PPP Loan information for Bermac, inc.

$75,700

Bermac, inc. was initially approved for PPP Loan of amount $75,700, the current approved amount is $75,700. The loan was approved on 04/11/2020 by The Dacotah Bank reported 16 jobs and $75,700 was used to fund payroll.

Bermac, inc. is Existing or more than 2 years old

BERMAC, INC.

Date Approved

04/11/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

BERMAC, INC.

Borrower Address

701 MAIN ST

Borrower City

FAULKTON

Borrower State

SD

Borrower Zip

57438-2223

Loan Status Date

04/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75700.00

Current Approval Amount

75700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAULKTON

Project County Name

FAULK

Project State

SD

Project Zip

57438-2223

CD

SD-

Jobs Reported

16

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75700.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76246.72

Forgiveness Date

12/31/2020

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