PPP Loan information for Hernesman boat group, perham

$106,339

Hernesman boat group, perham was initially approved for PPP Loan of amount $106,400, the current approved amount is $106,339. The loan was approved on 04/03/2020 by The VISIONBank reported 13 jobs and $106,339 was used to fund payroll.

Hernesman boat group, perham is Existing or more than 2 years old

HERNESMAN BOAT GROUP, PERHAM

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HERNESMAN BOAT GROUP, PERHAM

Borrower Address

941 Market St

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-2115

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106400.00

Current Approval Amount

106339.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-2115

CD

MN-07

Jobs Reported

13

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

94939.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107851.38

Forgiveness Date

09/07/2021

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