Bercorp Inc.

$77,900 PPP Loan in Excelsior, Minnesota

Loan Details

Loan Number
9701067103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$77,900
Current Approval
$77,900
Forgiveness Amount
$78,597
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bercorp Inc.
Address
304 Water St
ZIP Code
55331-2203
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$58,400
Rent
$9,800
Utilities
$9,700

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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