Better Engineering Mfg. Inc.
$878,227 PPP Loan in Nottingham, Maryland
Loan Details
- Loan Number
- 1058977207
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $878,227
- Current Approval
- $878,227
- Forgiveness Amount
- $886,312
- Forgiveness Date
- Mar 29, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Better Engineering Mfg. Inc.
- Address
- 8361 Town Center Court
- City
- Nottingham
- State
- Maryland
- ZIP Code
- 21236
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $18.1M
- Rural/Urban
- Urban
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $781,687
- Rent
- $52,500
- Utilities
- $8,483
- Health Care
- $22,920
- Debt Interest
- $12,637
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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