# PPP loan: BUSINESS IMPROVEMENT TECHNOLOGIES INC.
> **$206K** approved 04/30/2020 · Paid in Full · Loan `5079357304`
## Borrower
- **Name:** BUSINESS IMPROVEMENT TECHNOLOGIES INC.
- **Address:** 2303 W MEADOWVIEW DRIVE STE 101, GREENSBORO, NC, 27407
- **NAICS:** 561421
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 19
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*