Betts Company

$3,200,000 PPP Loan in Fresno, California

Loan Details

Loan Number
8306647008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,200,000
Current Approval
$3,200,000
Forgiveness Amount
$3,242,684
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Betts Company
Address
2843 S. Maple Avenue 0.0
City
Fresno
ZIP Code
93725-2217
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332613)
Business Age
Existing or more than 2 years old
Jobs Reported
235
Estimated Revenue
$57.4M
Rural/Urban
Urban
Congressional District
CA-21

Loan Use Breakdown

Payroll
$2,455,000
Rent
$210,000
Utilities
$90,000
Health Care
$360,000
Mortgage Interest
$5,000
Debt Interest
$80,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

Other PPP Loans in Fresno, CA

BusinessApproved
Producers Dairy Foods Inc.$10,000,000NewBizBotResearch
Sweetwood Farm Inc.$8,432,495NewBizBotResearch
Saladino's, Inc.$6,539,700NewBizBotResearch
Diocese of Fresno Education Corporation$6,101,500NewBizBotResearch
Exclusive Wireless, Inc.$5,416,000NewBizBotResearch

Want to research this company further?

Try NewBizBot free