PPP Loan information for Berg auto corp.

$13,700

Berg auto corp. was initially approved for PPP Loan of amount $13,700, the current approved amount is $13,700. The loan was approved on 04/08/2020 by The Farmers & Merchants Savings Bank reported 3 jobs and $13,700 was used to fund payroll.

Berg auto corp. is Existing or more than 2 years old

BERG AUTO CORP.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BERG AUTO CORP.

Borrower Address

4165 ALYSSA CT

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52240-8609

Loan Status Date

10/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13700.00

Current Approval Amount

13700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52240-8609

CD

IA-01

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13700.00

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

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13763.43

Forgiveness Date

10/09/2020

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