PPP Loan information for Berd electric, llc

$2,323,846

Berd electric, llc was initially approved for PPP Loan of amount $2,323,846, the current approved amount is $2,323,846. The loan was approved on 04/08/2020 by The West Bank reported 154 jobs and $2,323,846 was used to fund payroll.

Berd electric, llc is Existing or more than 2 years old

PPP Loan Search / MN / SAUK RAPIDS / Berd electric, llc

BERD ELECTRIC, LLC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BERD ELECTRIC, LLC

Borrower Address

1 INDUSTRIAL BLVD

Borrower City

SAUK RAPIDS

Borrower State

MN

Borrower Zip

56379-1229

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2323846.00

Current Approval Amount

2323846.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK RAPIDS

Project County Name

BENTON

Project State

MN

Project Zip

56379-1229

CD

MN-06

Jobs Reported

154

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2323846.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2350522.48

Forgiveness Date

06/11/2021

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