PPP Loan information for Better brake parts inc

$392,837

Better brake parts inc was initially approved for PPP Loan of amount $392,837, the current approved amount is $392,837. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 390 jobs and $392,837 was used to fund payroll.

Better brake parts inc is Existing or more than 2 years old

BETTER BRAKE PARTS INC

Date Approved

05/01/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BETTER BRAKE PARTS INC

Borrower Address

915 SHAWNEE RD

Borrower City

LIMA

Borrower State

OH

Borrower Zip

45805

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392837.00

Current Approval Amount

392837.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

LIMA

Project County Name

ALLEN

Project State

OH

Project Zip

45805-1000

CD

OH-04

Jobs Reported

390

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392837.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395563.94

Forgiveness Date

01/12/2021

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