PPP Loan information for Hernke's, incorporated

$50,166

Hernke's, incorporated was initially approved for PPP Loan of amount $173,715, the current approved amount is $50,166. The loan was approved on 04/15/2020 by The First Farmers & Merchants Bank reported 5 jobs and $50,166 was used to fund payroll.

Hernke's, incorporated is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Hernke's, incorporated

HERNKE'S, INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HERNKE'S, INCORPORATED

Borrower Address

6510 COUNTY 9 BLVD

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-5414

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173715.00

Current Approval Amount

50166.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-5414

CD

MN-01

Jobs Reported

5

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50166.00

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

Subchapter S Corporation

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50485.11

Forgiveness Date

12/08/2020

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