PPP Loan information for Betz industries, inc.

$1,935,157

Betz industries, inc. was initially approved for PPP Loan of amount $1,935,157, the current approved amount is $1,935,157. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 123 jobs and $1,935,157 was used to fund payroll.

Betz industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Betz industries, inc.

BETZ INDUSTRIES, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BETZ INDUSTRIES, INC.

Borrower Address

2121 Bristol Ave NW 0.0

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49504-1403

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1935157.00

Current Approval Amount

1935157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49504-1403

CD

MI-03

Jobs Reported

123

NAICS Code

331511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

79157.00

Payroll Proceed

1500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

46000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

310000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1959652.86

Forgiveness Date

07/20/2021

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