PPP Loan information for Chester berg motors, inc.

$211,100

Chester berg motors, inc. was initially approved for PPP Loan of amount $211,100, the current approved amount is $211,100. The loan was approved on 04/03/2020 by The Security Bank USA reported 18 jobs and $211,100 was used to fund payroll.

Chester berg motors, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / Chester berg motors, inc.

CHESTER BERG MOTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHESTER BERG MOTORS, INC.

Borrower Address

705 PAUL BUNYAN DR NW

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-2438

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

211100.00

Current Approval Amount

211100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-2438

CD

MN-08

Jobs Reported

18

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

211100.00

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

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

212519.06

Forgiveness Date

12/09/2020

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