Betz Industries, Inc.
$1,935,157 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 1086347105
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,935,157
- Current Approval
- $1,935,157
- Forgiveness Amount
- $1,959,653
- Forgiveness Date
- Jul 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Betz Industries, Inc.
- Address
- 2121 Bristol Ave NW 0.0
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49504-1403
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (331511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 123
- Estimated Revenue
- $32.2M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,500,000
- Rent
- $46,000
- Utilities
- $79,157
- Health Care
- $310,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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