Berness Motors, Inc.
$50,974 PPP Loan in New London, Wisconsin
Loan Details
- Loan Number
- 8951287010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $50,974
- Current Approval
- $50,974
- Forgiveness Amount
- $51,367
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Berness Motors, Inc.
- Address
- N3618 State Road 15
- City
- New London
- State
- Wisconsin
- ZIP Code
- 54961-9637
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Ford Motor Company Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- WI-08
Loan Use Breakdown
- Payroll
- $50,974
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
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|---|---|---|
| Welter Forest Products Inc. | $1,481,190 |  AI Deep Dive |
| Northland Electrical Services, LLC | $1,467,000 | AI Deep Dive |
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| Welter Forest Products, Inc. | $1,401,657 | AI Deep Dive |
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