PPP Loan information for Biersch, inc

$942,360

Biersch, inc was initially approved for PPP Loan of amount $942,360, the current approved amount is $942,360. The loan was approved on 04/10/2020 by The First Interstate Bank reported 66 jobs and $942,360 was used to fund payroll.

Biersch, inc is Existing or more than 2 years old

BIERSCH, INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BIERSCH, INC

Borrower Address

5800 Nordic Drive

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-6942

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

942360.00

Current Approval Amount

942360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-6942

CD

IA-02

Jobs Reported

66

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

942360.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

952325.78

Forgiveness Date

05/13/2021

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