PPP Loan information for Betty lou's inc.

$573,806

Betty lou's inc. was initially approved for PPP Loan of amount $573,806, the current approved amount is $573,806. The loan was approved on 02/05/2021 by The Umpqua Bank reported 45 jobs and $573,806 was used to fund payroll.

Betty lou's inc. is Existing or more than 2 years old

BETTY LOU'S INC.

Date Approved

02/05/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

BETTY LOU'S INC.

Borrower Address

1500 NE Miller St

Borrower City

McMinnville

Borrower State

OR

Borrower Zip

97128-8471

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

573806.00

Current Approval Amount

573806.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

McMinnville

Project County Name

YAMHILL

Project State

OR

Project Zip

97128-8471

CD

OR-06

Jobs Reported

45

NAICS Code

311919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

573802.00

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

Corporation

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580503.02

Forgiveness Date

04/14/2022

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