PPP Loan information for Better alternatives inc.

$44,500

Better alternatives inc. was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 02/20/2021 by The First-Citizens Bank & Trust Company reported 3 jobs and $44,500 was used to fund payroll.

Better alternatives inc. is Existing or more than 2 years old

PPP Loan Search / NC / Lenoir / Better alternatives inc.

BETTER ALTERNATIVES INC.

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BETTER ALTERNATIVES INC.

Borrower Address

1209 Cedar Valley Church Rd

Borrower City

Lenoir

Borrower State

NC

Borrower Zip

28645-7459

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lenoir

Project County Name

CALDWELL

Project State

NC

Project Zip

28645-7459

CD

NC-05

Jobs Reported

3

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44834.05

Forgiveness Date

11/26/2021

;