Hernesman and Sons INC

$334,100 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
1679847206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$334,100
Current Approval
$286,800
Forgiveness Amount
$289,533
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hernesman and Sons INC
Address
20890 US Hwy 169 S
ZIP Code
55744-5109
Business Type
Corporation
Industry (NAICS)
Retail Trade (441228)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$229,440
Rent
$27,360
Utilities
$30,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

Other PPP Loans in Grand Rapids, MN

BusinessApproved
North Homes INC$2,992,700NewBizBotAI Deep Dive
Northland Counseling Center In.$2,662,900NewBizBotAI Deep Dive
Northern Industrial Erectors$2,460,999NewBizBotAI Deep Dive
Casper Construction, Inc.$2,194,300NewBizBotAI Deep Dive
Northern Industrial Erectors Inc.$2,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free