PPP Loan information for Better engineering manufacturing. inc.

$981,410

Better engineering manufacturing. inc. was initially approved for PPP Loan of amount $981,410, the current approved amount is $981,410. The loan was approved on 03/17/2021 by The Manufacturers and Traders Trust Company reported 74 jobs and $981,410 was used to fund payroll.

Better engineering manufacturing. inc. is Existing or more than 2 years old

BETTER ENGINEERING MANUFACTURING. INC.

Date Approved

03/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BETTER ENGINEERING MANUFACTURING. INC.

Borrower Address

8361 Town Center Ct

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21236-4964

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

981410.00

Current Approval Amount

981410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE

Project State

MD

Project Zip

21236-4964

CD

MD-02

Jobs Reported

74

NAICS Code

333249

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

981408.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

988884.85

Forgiveness Date

12/22/2021

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