PPP Loan information for Better brands inc

$1,678,300

Better brands inc was initially approved for PPP Loan of amount $1,678,300, the current approved amount is $1,678,300. The loan was approved on 04/08/2020 by The First Palmetto Bank reported 143 jobs and $1,678,300 was used to fund payroll.

Better brands inc is Existing or more than 2 years old

PPP Loan Search / SC / MYRTLE BEACH / Better brands inc

BETTER BRANDS INC

Date Approved

04/08/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

BETTER BRANDS INC

Borrower Address

908 Jackson Street

Borrower City

MYRTLE BEACH

Borrower State

SC

Borrower Zip

29577-3569

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1678300.00

Current Approval Amount

1678300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29577-3569

CD

SC-07

Jobs Reported

143

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

78300.00

Payroll Proceed

1300000.00

Mortgage Interest Proceed

300000.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1692891.89

Forgiveness Date

02/25/2021

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