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MegadealsSubsidy Tracker Individual Entry
Company: Better Business Systems, Inc (Avitus)
Parent Company:
Subsidy Source: local
Location: Colorado
Zip: 80014
Project Description: $320,000 forgivable loan. Loan draws based on job creation. Forgiveness amount occurs in last two years based on jobs maintained. 10 year term.
Year: 2016
Value of Loan, Loan Guarantee or Bailout Assistance: $320,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Economic Development Loan
Awarding Agency: City of Aurora
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 175
Source of Data: Direct from agency; not on web
Notes: Year is year award approved. Subsidy value is maximum incentive authorized. Jobs are jobs required by award agreement.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.