Bergstrom Operating Co.

$1,950,220 PPP Loan in Farmington Hills, Michigan

Loan Details

Loan Number
1625017710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,950,220
Current Approval
$1,950,220
Forgiveness Amount
$1,967,899
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bergstrom Operating Co.
Address
24565 Hallwood Ct
ZIP Code
48335
Business Type
Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$1,680,820
Rent
$64,000
Utilities
$8,000
Health Care
$175,000
Mortgage Interest
$6,400
Debt Interest
$16,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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