PPP Loan information for Berness motors, inc.

$50,974

Berness motors, inc. was initially approved for PPP Loan of amount $50,974, the current approved amount is $50,974. The loan was approved on 04/09/2020 by The First State Bank reported 6 jobs and $50,974 was used to fund payroll.

Berness motors, inc. is Existing or more than 2 years old

PPP Loan Search / WI / NEW LONDON / Berness motors, inc.

BERNESS MOTORS, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BERNESS MOTORS, INC.

Borrower Address

N3618 STATE ROAD 15

Borrower City

NEW LONDON

Borrower State

WI

Borrower Zip

54961-9637

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50974.40

Current Approval Amount

50974.40

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

76581

Servicing Lender Name

First State Bank

Servicing Lender Address

113 W North Water St

Servicing Lender City

NEW LONDON

Servicing Lender State

WI

Servicing Lender Zip

54961-1207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

OUTAGAMIE

Project State

WI

Project Zip

54961-9637

CD

WI-08

Jobs Reported

6

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50974.40

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

76581

Originating Lender

First State Bank

Originating Lender City

NEW LONDON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51366.62

Forgiveness Date

01/20/2021

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