# PPP loan: BRANDON INDUSTRIES, INC.
> **$292K** approved 04/07/2020 · Paid in Full · Loan `7589227005`
## Borrower
- **Name:** BRANDON INDUSTRIES, INC.
- **Address:** 1601 WILMETH RD, MCKINNEY, TX, 75069-8250
- **NAICS:** 332439
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $296K (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $65K
- **Utilities:** $4K
- **Jobs reported:** 22
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*