# PPP loan: THE BG GROUP LLC
> **$863K** approved 04/08/2020 · Paid in Full · Loan `8587417004`
## Borrower
- **Name:** THE BG GROUP LLC
- **Address:** 15560 LYONS RD, DELRAY BEACH, FL, 33446-9758
- **NAICS:** 238910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $863K
- **Initial approval:** $863K
- **Forgiven:** $870K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $845K
- **Mortgage interest:** $11K
- **Utilities:** $700
- **Debt interest:** $7K
- **Jobs reported:** 95
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*