# PPP loan: BET RECREATION INC.
> **$550K** approved 02/20/2021 · Paid in Full · Loan `2370848503`
## Borrower
- **Name:** BET RECREATION INC.
- **Address:** 135 S Glendale Ave, Glendale, CA, 91205-1142
- **NAICS:** 713950
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 87
## Lender
- **Originating:** California CU
- **Servicing:** California CU (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*