PPP Loan information for Bergstrom operating co.

$1,950,220

Bergstrom operating co. was initially approved for PPP Loan of amount $1,950,220, the current approved amount is $1,950,220. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $1,950,220 was used to fund payroll.

Bergstrom operating co. is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Bergstrom operating co.

BERGSTROM OPERATING CO.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BERGSTROM OPERATING CO.

Borrower Address

24565 HALLWOOD CT

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1950220.00

Current Approval Amount

1950220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-0899

CD

MI-11

Jobs Reported

500

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

1680820.00

Mortgage Interest Proceed

6400.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

175000.00

Debt Interest Proceed

16000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1967898.74

Forgiveness Date

03/31/2021

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