# PPP loan: BETA GROUP, INC.
> **$2.83M** approved 04/12/2020 · Paid in Full · Loan `3798227101`
## Borrower
- **Name:** BETA GROUP, INC.
- **Address:** 701 GEORGE WASHINGTON HWY, LINCOLN, RI, 02865-4257
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.83M
- **Initial approval:** $2.83M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.64M
- **Rent:** $180K
- **Utilities:** $15K
- **Jobs reported:** 164
## Lender
- **Originating:** Bristol County Savings Bank
- **Servicing:** Bristol County Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*