# PPP loan: BATES' BATTERIES, INC.
> **$654K** approved 04/13/2020 · Paid in Full · Loan `5060427105`
## Borrower
- **Name:** BATES' BATTERIES, INC.
- **Address:** 1791 A Woodruff Rd, GREENVILLE, SC, 29607-5932
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $654K
- **Initial approval:** $654K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $119K
- **Utilities:** $14K
- **Health care:** $34K
- **Debt interest:** $3K
- **Jobs reported:** 72
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*