# PPP loan: BERMAN BROS INC
> **$719K** approved 04/09/2020 · Paid in Full · Loan `9747617010`
## Borrower
- **Name:** BERMAN BROS INC
- **Address:** 2500 EVERGREEN AVE, JACKSONVILLE, FL, 32206-3127
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $719K
- **Initial approval:** $719K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 02/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Rent:** $90K
- **Utilities:** $90K
- **Jobs reported:** 57
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*