PPP Loan information for Better electric inc

$171,234

Better electric inc was initially approved for PPP Loan of amount $171,234, the current approved amount is $171,234. The loan was approved on 02/04/2021 by The Bank of Colorado reported 13 jobs and $171,234 was used to fund payroll.

Better electric inc is Existing or more than 2 years old

PPP Loan Search / CO / Sterling / Better electric inc

BETTER ELECTRIC INC

Date Approved

02/04/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

BETTER ELECTRIC INC

Borrower Address

155 Cucarola Rd Ste B

Borrower City

Sterling

Borrower State

CO

Borrower Zip

80751-8496

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

171233.67

Current Approval Amount

171233.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15438

Servicing Lender Name

Bank of Colorado

Servicing Lender Address

1609 E Harmony Rd

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3238

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling

Project County Name

LOGAN

Project State

CO

Project Zip

80751-8496

CD

CO-04

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

171229.67

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

Partnership

Originating Lender Location Id

15438

Originating Lender

Bank of Colorado

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172284.85

Forgiveness Date

09/22/2021

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