# PPP loan: BRITT TOOL, INC
> **$1.07M** approved 04/06/2020 · Paid in Full · Loan `5767527006`
## Borrower
- **Name:** BRITT TOOL, INC
- **Address:** 949 E  National Ave, BRAZIL, IN, 47834-2705
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $883K
- **Rent:** $40K
- **Mortgage interest:** $40K
- **Utilities:** $60K
- **Debt interest:** $50K
- **Jobs reported:** 85
## Lender
- **Originating:** The Riddell National Bank
- **Servicing:** The Riddell National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*