PPP Loan information for Betterway automotive inc

$56,800

Betterway automotive inc was initially approved for PPP Loan of amount $56,800, the current approved amount is $56,800. The loan was approved on 01/21/2021 by The Five Points Bank reported 7 jobs and $56,800 was used to fund payroll.

Betterway automotive inc is Existing or more than 2 years old

PPP Loan Search / NE / Plattsmouth / Betterway automotive inc

BETTERWAY AUTOMOTIVE INC

Date Approved

01/21/2021

SBA Office Code

0766

Processing Method

PPS

Borrower Name

BETTERWAY AUTOMOTIVE INC

Borrower Address

303 Fulton Ave

Borrower City

Plattsmouth

Borrower State

NE

Borrower Zip

68048-7260

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56800.00

Current Approval Amount

56800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42205

Servicing Lender Name

Five Points Bank

Servicing Lender Address

2015 N Broadwell Ave

Servicing Lender City

GRAND ISLAND

Servicing Lender State

NE

Servicing Lender Zip

68803-2759

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plattsmouth

Project County Name

CASS

Project State

NE

Project Zip

68048-7260

CD

NE-01

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56798.00

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

Subchapter S Corporation

Originating Lender Location Id

42205

Originating Lender

Five Points Bank

Originating Lender City

GRAND ISLAND

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57030.36

Forgiveness Date

06/25/2021

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