PPP Loan information for Better business systems inc

$5,745,907

Better business systems inc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $5,745,907. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 348 jobs and $5,745,907 was used to fund payroll.

Better business systems inc is Existing or more than 2 years old

PPP Loan Search / MT / BILLINGS / Better business systems inc

BETTER BUSINESS SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

BETTER BUSINESS SYSTEMS INC

Borrower Address

175 North 27th Street Suite 800

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59101

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

5745907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BILLINGS

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59101-0100

CD

MT-02

Jobs Reported

348

NAICS Code

561330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3645907.00

Mortgage Interest Proceed

0.00

Rent Proceed

350000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1750000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5813441.09

Forgiveness Date

06/24/2021

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