# PPP loan: BRITS, LTD
> **$951K** approved 04/06/2020 · Paid in Full · Loan `6387767000`
## Borrower
- **Name:** BRITS, LTD
- **Address:** 6545 FLYING CLOUD DR, EDEN PRAIRIE, MN, 55344-3303
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $951K
- **Initial approval:** $951K
- **Forgiven:** $960K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $714K
- **Rent:** $190K
- **Utilities:** $48K
- **Jobs reported:** 61
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*