# PPP loan: BRAKES AND SHOCKS, LLC
> **$179K** approved 04/08/2020 · Paid in Full · Loan `7707667010`
## Borrower
- **Name:** BRAKES AND SHOCKS, LLC
- **Address:** 742 Congress St, PORTLAND, ME, 04102-3322
- **NAICS:** 999990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $172K (96%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Jobs reported:** 23
## Lender
- **Originating:** Bangor Savings Bank
- **Servicing:** Bangor Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*