# PPP loan: BRADY ELECTRIC INC.
> **$398K** approved 02/23/2021 · Paid in Full · Loan `3293158508`
## Borrower
- **Name:** BRADY ELECTRIC INC.
- **Address:** 63 Industrial Dr, North Tonawanda, NY, 14120-3248
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $398K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*