Bergstrom Electric INC
$1,862,000 PPP Loan in Grand Forks, North Dakota
Loan Details
- Loan Number
- 4133477106
- Date Approved
- Apr 12, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,862,000
- Current Approval
- $1,862,000
- Forgiveness Amount
- $1,876,327
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bergstrom Electric INC
- Address
- 3100 N Washington St
- City
- Grand Forks
- State
- North Dakota
- ZIP Code
- 58203-1224
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 115
- Estimated Revenue
- $37.8M
- Rural/Urban
- Urban
- Congressional District
- ND-
Loan Use Breakdown
- Payroll
- $1,645,936
- Rent
- $37,160
- Utilities
- $10,453
- Health Care
- $123,511
- Debt Interest
- $44,940
Lender Information
- Servicing Lender
- Alerus Financial, National Association
- Originating Lender
- Alerus Financial, National Association
Other PPP Loans in Grand Forks, ND
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|---|---|---|
| Edgewood Opco LLC | $10,000,000 |  Research |
| Strata Corporation | $10,000,000 | Research |
| Valley Senior Living | $5,629,900 | Research |
| Acme Electric Motor, Inc. | $5,504,900 | Research |
| Advanced Engineering and Environmental Services, Inc. | $5,400,000 | Research |
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