Berning's Auto Repair, Inc.

$88,407 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
1054907200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$88,407
Current Approval
$88,407
Forgiveness Amount
$89,040
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berning's Auto Repair, Inc.
Address
19 Edgewood Dr SE
ZIP Code
55376-9502
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$70,725
Utilities
$8,841
Mortgage Interest
$8,841

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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