Berk-Tel Communications, INC

$125,300 PPP Loan in White Bear Lake, Minnesota

Loan Details

Loan Number
2260707107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$125,300
Current Approval
$125,300
Forgiveness Amount
$126,732
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berk-Tel Communications, INC
Address
2340 County Rd J
ZIP Code
55110
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334210)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$116,868
Rent
$6,800
Utilities
$1,632

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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