PPP Loan information for Better foods inc

$334,500

Better foods inc was initially approved for PPP Loan of amount $334,500, the current approved amount is $334,500. The loan was approved on 04/30/2020 by The Truist Bank reported 41 jobs and $334,500 was used to fund payroll.

Better foods inc is Existing or more than 2 years old

BETTER FOODS INC

Date Approved

04/30/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BETTER FOODS INC

Borrower Address

209 First Avenue South

Borrower City

Nitro

Borrower State

WV

Borrower Zip

25143

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334500.00

Current Approval Amount

334500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nitro

Project County Name

KANAWHA

Project State

WV

Project Zip

25143-0001

CD

WV-01

Jobs Reported

41

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334500.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337817.12

Forgiveness Date

05/06/2021

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