# PPP loan: BRACKETRON INC
> **$295K** approved 04/04/2020 · Paid in Full · Loan `4631237009`
## Borrower
- **Name:** BRACKETRON INC
- **Address:** 5624 LINCOLN DR, MINNEAPOLIS, MN, 55436-1606
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $295K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $33K
- **Utilities:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*