BETTER BUSINESS SYSTEMS INC (MT) - 2020 PPP Loan Borrower Profile (# 7853207108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BETTER BUSINESS SYSTEMS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Montana.

Loan Detail

Loan Number

7853207108

SBA Office Code

0885

Processing Method

PPP

Curent Loan Amount

$5,745,907

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$5,813,441.09

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,645,907

Rent Proceed

350,000

Health Care Proceed

1,750,000

Lender

Stearns Bank National Association

Business Detail

Business Type

Corporation

NAICS

561330

Borrower Location

BILLINGS, MT

Project Location

BILLINGS, MT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

348

Business Age Description

Existing or more than 2 years old

Data Source: SBA.