PPP Loan information for Betterway electric & data comm. inc

$104,400

Betterway electric & data comm. inc was initially approved for PPP Loan of amount $104,000, the current approved amount is $104,400. The loan was approved on 04/11/2020 by The FirstBank reported 8 jobs and $104,400 was used to fund payroll.

Betterway electric & data comm. inc is Existing or more than 2 years old

BETTERWAY ELECTRIC & DATA COMM. INC

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

BETTERWAY ELECTRIC & DATA COMM. INC

Borrower Address

1727 MAIN ST, Unit 6368

Borrower City

LONGMONT

Borrower State

CO

Borrower Zip

80501-2000

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104000.00

Current Approval Amount

104400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONGMONT

Project County Name

BOULDER

Project State

CO

Project Zip

80501-2000

CD

CO-02

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

104400.00

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

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105441.10

Forgiveness Date

04/15/2021

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