PPP Loan information for Better brake parts inc

$372,940

Better brake parts inc was initially approved for PPP Loan of amount $372,940, the current approved amount is $372,940. The loan was approved on 01/27/2021 by The The Citizens National Bank of Bluffton reported 34 jobs and $372,940 was used to fund payroll.

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

PPP Loan Search / OH / Lima / Better brake parts inc

BETTER BRAKE PARTS INC

Date Approved

01/27/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

BETTER BRAKE PARTS INC

Borrower Address

915 Shawnee Rd

Borrower City

Lima

Borrower State

OH

Borrower Zip

45805-3439

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372940.00

Current Approval Amount

372940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53296

Servicing Lender Name

The Citizens National Bank of Bluffton

Servicing Lender Address

102 S Main St

Servicing Lender City

BLUFFTON

Servicing Lender State

OH

Servicing Lender Zip

45817-1250

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

45805-3439

CD

OH-04

Jobs Reported

34

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

372935.00

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

53296

Originating Lender

The Citizens National Bank of Bluffton

Originating Lender City

BLUFFTON

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

376804.07

Forgiveness Date

02/14/2022

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