PPP Loan information for Berning's auto repair, inc.

$88,407

Berning's auto repair, inc. was initially approved for PPP Loan of amount $88,407, the current approved amount is $88,407. The loan was approved on 04/15/2020 by The Community Development Bank, FSB reported 6 jobs and $88,407 was used to fund payroll.

Berning's auto repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Berning's auto repair, inc.

BERNING'S AUTO REPAIR, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BERNING'S AUTO REPAIR, INC.

Borrower Address

19 EDGEWOOD DR SE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-9502

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88406.65

Current Approval Amount

88406.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9502

CD

MN-06

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8840.66

Payroll Proceed

70725.32

Mortgage Interest Proceed

8840.67

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89040.23

Forgiveness Date

01/07/2021

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