PPP Loan information for Hernesman's inc.

$106,749

Hernesman's inc. was initially approved for PPP Loan of amount $106,800, the current approved amount is $106,749. The loan was approved on 04/03/2020 by The VISIONBank reported 12 jobs and $106,749 was used to fund payroll.

Hernesman's inc. is Existing or more than 2 years old

HERNESMAN'S INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HERNESMAN'S INC.

Borrower Address

895 NE 1st ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3177

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106800.00

Current Approval Amount

106749.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3177

CD

MN-08

Jobs Reported

12

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

85349.00

Mortgage Interest Proceed

6400.00

Rent Proceed

10000.00

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

107632.64

Forgiveness Date

02/02/2021

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