BERENDA, INC (IN) - 2020 PPP Loan Borrower Profile (# 2000427306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BERENDA, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

2000427306

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$48,480

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$48,898.39

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,848

Payroll Proced

38,784

Mortgage Interest Proceed

4,848

Lender

Horizon Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484110

Borrower Location

BROOKSTON, IN

Project Location

BROOKSTON, IN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.