PPP Loan information for Betten imports inc.

$812,100

Betten imports inc. was initially approved for PPP Loan of amount $812,100, the current approved amount is $812,100. The loan was approved on 04/03/2021 by The Macatawa Bank reported 65 jobs and $812,100 was used to fund payroll.

Betten imports inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Betten imports inc.

BETTEN IMPORTS INC.

Date Approved

04/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BETTEN IMPORTS INC.

Borrower Address

5901 28th St SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546-6907

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

812100.00

Current Approval Amount

812100.00

Undisbursed Amount

0.00

Franchise Name

Volkswagen Dealer Agreement

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49546-6907

CD

MI-03

Jobs Reported

65

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

812100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

819954.01

Forgiveness Date

04/04/2022

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