Berman's Infinti of Merrillville, LLC
$398,579 PPP Loan in Merrillville, Indiana
Loan Details
- Loan Number
- 1211237107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $398,579
- Current Approval
- $398,579
- Forgiveness Amount
- $403,798
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berman's Infinti of Merrillville, LLC
- Address
- 1794 West 81st Avenue 0.0
- City
- Merrillville
- State
- Indiana
- ZIP Code
- 46410-5349
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Infiniti Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- $8.3M
- Rural/Urban
- Urban
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $298,934
- Rent
- $70,000
- Utilities
- $10,000
- Debt Interest
- $19,645
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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