PPP Loan information for Bernco, inc.

$104,500

Bernco, inc. was initially approved for PPP Loan of amount $104,500, the current approved amount is $104,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 8 jobs and $104,500 was used to fund payroll.

Bernco, inc. is Existing or more than 2 years old

BERNCO, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BERNCO, INC.

Borrower Address

20816 Eleven Mile Road, Suite 202

Borrower City

Saint Clair Shores

Borrower State

MI

Borrower Zip

48081

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104500.00

Current Approval Amount

104500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Clair Shores

Project County Name

MACOMB

Project State

MI

Project Zip

48081-0899

CD

MI-10

Jobs Reported

8

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104500.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105446.31

Forgiveness Date

04/05/2021

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