PPP Loan information for Bermo inc.

$2,000,000

Bermo inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The MidCountry Bank reported 124 jobs and $2,000,000 was used to fund payroll.

Bermo inc. is Existing or more than 2 years old

PPP Loan Search / MN / Circle Pines / Bermo inc.

BERMO INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BERMO INC.

Borrower Address

4501 Ball Rd NE

Borrower City

Circle Pines

Borrower State

MN

Borrower Zip

55014-1818

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Circle Pines

Project County Name

ANOKA

Project State

MN

Project Zip

55014-1818

CD

MN-06

Jobs Reported

124

NAICS Code

332322

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2009917.81

Forgiveness Date

07/29/2021

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