# PPP loan: BROWN EQUIPMENT COMPANY, INC.
> **$255K** approved 04/27/2020 · Paid in Full · Loan `3855877203`
## Borrower
- **Name:** BROWN EQUIPMENT COMPANY, INC.
- **Address:** 826 MILITARY ST, LORETTO, TN, 38469
- **NAICS:** 811411
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 23
## Lender
- **Originating:** First Farmers and Merchants Bank
- **Servicing:** First Farmers and Merchants Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*