# PPP loan: BRAX COMPANY, INC. DBA BEAR STATE PUMP AND EQUIPMENT,
> **$583K** approved 05/01/2020 · Paid in Full · Loan `1723617706`
## Borrower
- **Name:** BRAX COMPANY, INC. DBA BEAR STATE PUMP AND EQUIPMENT,
- **Address:** 31248 VALLEY CENTER RD, VALLEY CENTER, CA, 92082
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $583K
- **Initial approval:** $583K
- **Forgiven:** $589K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Rent:** $35K
- **Health care:** $40K
- **Jobs reported:** 33
## 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*