# PPP loan: BRAMERSON, INC.
> **$323K** approved 04/05/2020 · Paid in Full · Loan `5094917010`
## Borrower
- **Name:** BRAMERSON, INC.
- **Address:** 25915 Kalksteine Loop, NEW BRAUNFELS, TX, 78132-2794
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $308K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $25K
- **Utilities:** $7K
- **Debt interest:** $2K
- **Jobs reported:** 72
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*