# PPP loan: BUTREEL INC
> **$385K** approved 02/20/2021 · Paid in Full · Loan `2566528503`
## Borrower
- **Name:** BUTREEL INC
- **Address:** 901 S Kings Dr Ste 140B, Charlotte, NC, 28204-3085
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 02/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $1
- **Jobs reported:** 54
## 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*