# PPP loan: BTS USA, INC.
> **$5.86M** approved 05/02/2020 · Paid in Full · Loan `9472647302`
## Borrower
- **Name:** BTS USA, INC.
- **Address:** 222 KEARNY ST SUITE 1000, SAN FRANCISCO, CA, 94108-4510
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.86M
- **Initial approval:** $5.86M
- **Forgiven:** $5.93M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.15M
- **Rent:** $391K
- **Utilities:** $7K
- **Health care:** $311K
- **Jobs reported:** 318
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*