# PPP loan: BTS TORRES GMBH
> **$163K** approved 04/30/2020 · Exemption 4 · Loan `7571857302`
## Borrower
- **Name:** BTS TORRES GMBH
- **Address:** 924 NW 1st ST  Ste 100, Fort Lauderdale, FL, 33311
- **NAICS:** 551112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Status:** Exemption 4
- **Term:** — months
## Use of funds
- **Payroll:** $127K
- **Rent:** $18K
- **Utilities:** $3K
- **Health care:** $14K
- **Jobs reported:** 6
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*