PPP Loan information for Betz-tek, inc.

$43,103

Betz-tek, inc. was initially approved for PPP Loan of amount $43,103, the current approved amount is $43,103. The loan was approved on 04/27/2020 by The Drake Bank reported 3 jobs and $43,103 was used to fund payroll.

Betz-tek, inc. is Existing or more than 2 years old

PPP Loan Search / MN / INVER GROVE HEIGHTS / Betz-tek, inc.

BETZ-TEK, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BETZ-TEK, INC.

Borrower Address

8528 BIRCH BLVD

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55076

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43102.50

Current Approval Amount

43102.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55076-1100

CD

MN-02

Jobs Reported

3

NAICS Code

561491

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43102.50

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

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43462.88

Forgiveness Date

02/25/2021

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