# PPP loan: BRAKE AND EQUIPMENT CO INC
> **$334K** approved 02/05/2021 · Paid in Full · Loan `3875998404`
## Borrower
- **Name:** BRAKE AND EQUIPMENT CO INC
- **Address:** 12773 W Silver Spring Dr, Butler, WI, 53007-1032
- **NAICS:** 336999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $334K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Summit Credit Union
- **Servicing:** Summit CU (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*