# PPP loan: BTS GROUP, INC
> **$735K** approved 04/27/2020 · Paid in Full · Loan `5223807205`
## Borrower
- **Name:** BTS GROUP, INC
- **Address:** 13512 N. UNITEC DR, LAREDO, TX, 78045-9408
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $735K
- **Initial approval:** $735K
- **Forgiven:** $742K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $139K
- **Utilities:** $24K
- **Health care:** $18K
- **Jobs reported:** 114
## Lender
- **Originating:** Texas Community Bank
- **Servicing:** Texas Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*