PPP Loan information for Berger electric motor sales & service, llc

$27,380

Berger electric motor sales & service, llc was initially approved for PPP Loan of amount $27,380, the current approved amount is $27,380. The loan was approved on 04/27/2020 by The Consumers National Bank reported 4 jobs and $27,380 was used to fund payroll.

Berger electric motor sales & service, llc is Existing or more than 2 years old

BERGER ELECTRIC MOTOR SALES & SERVICE, LLC

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BERGER ELECTRIC MOTOR SALES & SERVICE, LLC

Borrower Address

31971 STATE ROUTE 62 W

Borrower City

SALEM

Borrower State

OH

Borrower Zip

44460-9700

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27380.00

Current Approval Amount

27380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57854

Servicing Lender Name

Consumers National Bank

Servicing Lender Address

614 E Lincoln Way

Servicing Lender City

MINERVA

Servicing Lender State

OH

Servicing Lender Zip

44657-2009

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

COLUMBIANA

Project State

OH

Project Zip

44460-9700

CD

OH-06

Jobs Reported

4

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27380.00

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

57854

Originating Lender

Consumers National Bank

Originating Lender City

MINERVA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27631.74

Forgiveness Date

04/01/2021

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