# PPP loan: BROKER EXCHANGE NETWORK LLC
> **$364K** approved 01/27/2021 · Paid in Full · Loan `6950928301`
## Borrower
- **Name:** BROKER EXCHANGE NETWORK LLC
- **Address:** 32 7th Ave NE, Rochester, MN, 55906-4632
- **NAICS:** 423430
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $364K
- **Jobs reported:** 22
## Lender
- **Originating:** Frandsen Bank and 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*