# PPP loan: BERD ELECTRIC, LLC
> **$2.32M** approved 04/08/2020 · Paid in Full · Loan `7682297009`
## Borrower
- **Name:** BERD ELECTRIC, LLC
- **Address:** 1 INDUSTRIAL BLVD, SAUK RAPIDS, MN, 56379-1229
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.32M
- **Initial approval:** $2.32M
- **Forgiven:** $2.35M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.32M
- **Jobs reported:** 154
## Lender
- **Originating:** West Bank
- **Servicing:** West Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*