PPP Loan information for Better traction llc

$12,500

Better traction llc was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 03/26/2021 by The Highland Bank reported 1 jobs and $12,500 was used to fund payroll.

Better traction llc is Existing or more than 2 years old

BETTER TRACTION LLC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BETTER TRACTION LLC

Borrower Address

9875 Hainlin Ave

Borrower City

Delano

Borrower State

MN

Borrower Zip

55328-8355

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delano

Project County Name

CARVER

Project State

MN

Project Zip

55328-8355

CD

MN-06

Jobs Reported

1

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

12648.63

Forgiveness Date

06/15/2022

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