# PPP loan: BRUT INC.
> **$696K** approved 04/29/2020 · Exemption 4 · Loan `2146957304`
## Borrower
- **Name:** BRUT INC.
- **Address:** 12 West 27th Street 7th floor, New York, NY, 10001
- **NAICS:** 519130
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $166K (24%)
- **Forgiveness date:** 04/15/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $696K
- **Jobs reported:** 63
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*