Lernen, Inc.

$137,500 PPP Loan in Cedar Park, Texas

Loan Details

Loan Number
8124057007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$137,500
Current Approval
$137,500
Forgiveness Amount
$139,016
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lernen, Inc.
Address
1101 Arrow Point Dr Ste 302
State
Texas
ZIP Code
78613-7736
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423220)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-31

Loan Use Breakdown

Payroll
$103,125
Utilities
$17,187
Mortgage Interest
$17,188

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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