Berger Electric INC

$519,100 PPP Loan in Dickinson, North Dakota

Loan Details

Loan Number
7488517010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$519,100
Current Approval
$519,100
Forgiveness Amount
$522,921
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berger Electric INC
Address
265 21st St E
ZIP Code
58601-3137
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
ND-

Loan Use Breakdown

Payroll
$469,100
Rent
$40,000
Utilities
$10,000

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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