# PPP loan: GUY M BEATY INC
> **$512K** approved 04/09/2020 · Exemption 4 · Loan `1068397105`
## Borrower
- **Name:** GUY M BEATY INC
- **Address:** 9209 FORSYTH PARK DR, CHARLOTTE, NC, 28273-3884
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $501K (98%)
- **Forgiveness date:** 03/31/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 57
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*