# PPP loan: BRANDT'S APPLIANCE SERVICE, INC.
> **$355K** approved 04/08/2020 · Paid in Full · Loan `7869427000`
## Borrower
- **Name:** BRANDT'S APPLIANCE SERVICE, INC.
- **Address:** 6880 US HIGHWAY 1, VERO BEACH, FL, 32967-5932
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Rent:** $89K
- **Jobs reported:** 44
## Lender
- **Originating:** iTHINK Financial CU
- **Servicing:** iTHINK Financial CU (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*