# PPP loan: BTECH DEVELOPMENT INC.
> **$203K** approved 08/06/2020 · Charged Off · Loan `4579118202`
## Borrower
- **Name:** BTECH DEVELOPMENT INC.
- **Address:** 115 W CENTRAL RD, SCHAUMBURG, IL, 60195-1945
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 14
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*