# PPP loan: BRINKMANN ELECTRIC CORP
> **$198K** approved 05/01/2020 · Paid in Full · Loan `1556627700`
## Borrower
- **Name:** BRINKMANN ELECTRIC CORP
- **Address:** 1501 ARTIC AVE, BOHEMIA, NY, 11716
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $39K
- **Health care:** $10K
- **Jobs reported:** 10
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*