Hernesman Sports, Inc.

$243,700 PPP Loan in Hermantown, Minnesota

Loan Details

Loan Number
4428647008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$243,700
Current Approval
$243,661
Forgiveness Amount
$245,637
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hernesman Sports, Inc.
Address
4918 Miller Trunk Hwy
ZIP Code
55811-1409
Business Type
Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$194,961
Rent
$40,000
Utilities
$8,700

Lender Information

Servicing Lender
Visionbank
Originating Lender
Visionbank

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