# PPP loan: BRYDEN MOTORS, INC.
> **$451K** approved 04/10/2020 · Paid in Full · Loan `2229097105`
## Borrower
- **Name:** BRYDEN MOTORS, INC.
- **Address:** 548 Broad St., Beloit, WI, 53511-6345
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $456K (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $32K
- **Utilities:** $22K
- **Debt interest:** $17K
- **Jobs reported:** 53
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*