PPP Loan information for Bernie's grill

$54,600

Bernie's grill was initially approved for PPP Loan of amount $54,600, the current approved amount is $54,600. The loan was approved on 06/29/2020 by The 1st United Bank reported 16 jobs and $54,600 was used to fund payroll.

Bernie's grill is Existing or more than 2 years old

BERNIE'S GRILL

Date Approved

06/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BERNIE'S GRILL

Borrower Address

129 CENTRAL AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-5210

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54600.00

Current Approval Amount

54600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-5210

CD

MN-01

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38582.81

Forgiveness Date

07/22/2021

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