Bergstrom INC

$8,100,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
8384567003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$8,100,000
Current Approval
$8,100,000
Forgiveness Amount
$8,255,232
Forgiveness Date
Mar 16, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Bergstrom INC
Address
2390 Blackhawk Rd
ZIP Code
61109-3602
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$130.9M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$6,150,000
Rent
$450,000
Utilities
$200,000
Health Care
$1,100,000
Debt Interest
$200,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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