PPP Loan information for Jernberg enterprises inc

$136,955

Jernberg enterprises inc was initially approved for PPP Loan of amount $136,955, the current approved amount is $136,955. The loan was approved on 01/16/2021 by The Sterling State Bank reported 28 jobs and $136,955 was used to fund payroll.

Jernberg enterprises inc is Existing or more than 2 years old

JERNBERG ENTERPRISES INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JERNBERG ENTERPRISES INC

Borrower Address

1896 Annika Dr N

Borrower City

Lake Elmo

Borrower State

MN

Borrower Zip

55042-4106

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136954.89

Current Approval Amount

136954.89

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Elmo

Project County Name

WASHINGTON

Project State

MN

Project Zip

55042-4106

CD

MN-04

Jobs Reported

28

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

136949.89

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137947.81

Forgiveness Date

10/08/2021

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