Hernesman's Inc.

$106,800 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
4413227008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$106,800
Current Approval
$106,749
Forgiveness Amount
$107,633
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hernesman's Inc.
Address
895 NE 1st St
ZIP Code
55744-3177
Business Type
Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$85,349
Rent
$10,000
Utilities
$5,000
Mortgage Interest
$6,400

Lender Information

Servicing Lender
Visionbank
Originating Lender
Visionbank

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