PPP Loan information for Better boats

$195,542

Better boats was initially approved for PPP Loan of amount $195,542, the current approved amount is $195,542. The loan was approved on 02/04/2021 by The First Fed Bank reported 14 jobs and $195,542 was used to fund payroll.

Better boats is Existing or more than 2 years old

BETTER BOATS

Date Approved

02/04/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

BETTER BOATS

Borrower Address

2271 W Edgewood Dr

Borrower City

Port Angeles

Borrower State

WA

Borrower Zip

98363-9573

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195542.00

Current Approval Amount

195542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79284

Servicing Lender Name

First Fed Bank

Servicing Lender Address

105 W 8th St

Servicing Lender City

Port Angeles

Servicing Lender State

WA

Servicing Lender Zip

98362-6031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Port Angeles

Project County Name

CLALLAM

Project State

WA

Project Zip

98363-9573

CD

WA-06

Jobs Reported

14

NAICS Code

336612

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195539.00

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

79284

Originating Lender

First Fed Bank

Originating Lender City

Port Angeles

Originating Lender State

WA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197834.93

Forgiveness Date

04/11/2022

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