# PPP loan: BELMONT GROUP, INC.
> **$532K** approved 04/13/2020 · Paid in Full · Loan `5677167110`
## Borrower
- **Name:** BELMONT GROUP, INC.
- **Address:** 2000 McKinney ave, DALLAS, TX, 75201-1858
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $538K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Rent:** $100K
- **Jobs reported:** 19
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*