Bermo, Inc.
$1,999,900 PPP Loan in Circle Pines, Minnesota
Loan Details
- Loan Number
- 5244977002
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,999,900
- Current Approval
- $1,999,900
- Forgiveness Amount
- $2,012,173
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Bermo, Inc.
- Address
- 4501 Ball Rd NE
- City
- Circle Pines
- State
- Minnesota
- ZIP Code
- 55014-1818
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 148
- Estimated Revenue
- $36.2M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $1,610,900
- Utilities
- $85,000
- Health Care
- $250,000
- Mortgage Interest
- $54,000
Lender Information
- Servicing Lender
- Midcountry Bank
- Originating Lender
- Midcountry Bank
Other PPP Loans in Circle Pines, MN
| Business | Approved | |
|---|---|---|
| Bermo Inc. | $2,000,000 |  Research |
| Advanced Molding Technologies, LLC | $1,835,800 | Research |
| United States Mechanical Inc. | $1,691,267 | Research |
| Nol-Tec Systems Inc. | $1,299,900 | Research |
| Bald Eagle Erectors, Inc. | $1,101,700 | Research |
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