# PPP loan: BETA INNOVATIVE GROUP INC.
> **$1.09M** approved 05/05/2021 · Paid in Full · Loan `6887978900`
## Borrower
- **Name:** BETA INNOVATIVE GROUP INC.
- **Address:** 21420 Hillside Dr, Topanga, CA, 90290-4517
- **NAICS:** 335210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 12/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 76
## Lender
- **Originating:** SouthernTrust Bank
- **Servicing:** SouthernTrust Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*