# PPP loan: BTEC CORP
> **$404K** approved 04/02/2021 · Charged Off · Loan `5222288710`
## Borrower
- **Name:** BTEC CORP
- **Address:** 14904 S Figueroa St N/A, Gardena, CA, 90248-1715
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $346K (86%)
- **Forgiveness date:** 06/05/2023
- **Status:** Charged Off
- **Term:** 136 months
## Use of funds
- **Payroll:** $404K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*