# PPP loan: BETA FUELING SYSTEMS LLC
> **$1.19M** approved 05/11/2021 · Paid in Full · Loan `7922408905`
## Borrower
- **Name:** BETA FUELING SYSTEMS LLC
- **Address:** 1209 Freeway Dr, Reidsville, NC, 27320-7103
- **NAICS:** 332999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.19M
- **Initial approval:** $1.19M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 08/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.19M
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*