BERRY- IT INCORPORATED (IN) - 2020 PPP Loan Borrower Profile (# 3368017108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BERRY- IT INCORPORATED. 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

3368017108

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,100,300

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,110,669.95

Date Loan was Forgiven

Mar 31, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,000

Payroll Proced

1,008,044

Rent Proceed

62,256

Lender

STAR Financial Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238910

Borrower Location

KOKOMO, IN

Project Location

KOKOMO, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

105

Business Age Description

Existing or more than 2 years old

Data Source: SBA.