# PPP loan: BREEN & PERSON LTD
> **$155K** approved 04/13/2020 · Paid in Full · Loan `5031867109`
## Borrower
- **Name:** BREEN & PERSON LTD
- **Address:** 124 NORTH 6TH STREET, BRAINERD, MN, 56401-3330
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $183K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 05/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Mortgage interest:** $20K
- **Utilities:** $15K
- **Jobs reported:** 14
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*