PPP Loan information for Betz pattern company

$567,000

Betz pattern company was initially approved for PPP Loan of amount $567,000, the current approved amount is $567,000. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 38 jobs and $567,000 was used to fund payroll.

Betz pattern company is Existing or more than 2 years old

BETZ PATTERN COMPANY

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BETZ PATTERN COMPANY

Borrower Address

2121 Bristol Ave NW 0.0

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49504-1403

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567000.00

Current Approval Amount

567000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49504-1403

CD

MI-03

Jobs Reported

38

NAICS Code

331511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

429500.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

117500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

573806.84

Forgiveness Date

06/28/2021

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