Hernesman Boat Group, Perham

$106,400 PPP Loan in Perham, Minnesota

Loan Details

Loan Number
4445037004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$106,400
Current Approval
$106,339
Forgiveness Amount
$107,851
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hernesman Boat Group, Perham
Address
941 Market St
City
Perham
ZIP Code
56573-2115
Business Type
Corporation
Industry (NAICS)
Retail Trade (441222)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$94,939
Rent
$7,500
Utilities
$3,900

Lender Information

Servicing Lender
Visionbank
Originating Lender
Visionbank

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