# PPP loan: BEITEL CORP
> **$1.41M** approved 04/27/2020 · Paid in Full · Loan `3987907201`
## Borrower
- **Name:** BEITEL CORP
- **Address:** 1449 37TH ST SUITE 216, BROOKLYN, NY, 11218
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.41M
- **Jobs reported:** 120
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*