PPP Loan information for Bernel, inc.

$1,940,647

Bernel, inc. was initially approved for PPP Loan of amount $1,948,467, the current approved amount is $1,940,647. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 148 jobs and $1,940,647 was used to fund payroll.

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

BERNEL, INC.

Date Approved

04/09/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

BERNEL, INC.

Borrower Address

501 W SOUTHERN AVE

Borrower City

ORANGE

Borrower State

CA

Borrower Zip

92865-3217

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1948467.00

Current Approval Amount

1940647.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ORANGE

Project County Name

ORANGE

Project State

CA

Project Zip

92865-3217

CD

CA-46

Jobs Reported

148

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

1811796.00

Mortgage Interest Proceed

0.00

Rent Proceed

42000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

76851.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1959149.61

Forgiveness Date

03/31/2021

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