PPP Loan information for Better engineering mfg. inc.

$878,227

Better engineering mfg. inc. was initially approved for PPP Loan of amount $878,227, the current approved amount is $878,227. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 69 jobs and $878,227 was used to fund payroll.

Better engineering mfg. inc. is Existing or more than 2 years old

PPP Loan Search / MD / Nottingham / Better engineering mfg. inc.

BETTER ENGINEERING MFG. INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BETTER ENGINEERING MFG. INC.

Borrower Address

8361 Town Center Court

Borrower City

Nottingham

Borrower State

MD

Borrower Zip

21236

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878227.00

Current Approval Amount

878227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nottingham

Project County Name

BALTIMORE

Project State

MD

Project Zip

21236-0001

CD

MD-01

Jobs Reported

69

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8483.00

Payroll Proceed

781687.00

Mortgage Interest Proceed

0.00

Rent Proceed

52500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22920.00

Debt Interest Proceed

12637

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

886311.50

Forgiveness Date

03/29/2021

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