# PPP loan: BRENNECO, INC
> **$290K** approved 04/08/2020 · Paid in Full · Loan `7981217007`
## Borrower
- **Name:** BRENNECO, INC
- **Address:** 2780 CONSERVATION CLUB RD, LAFAYETTE, IN, 47905-3958
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $239K
- **Rent:** $11K
- **Health care:** $40K
- **Jobs reported:** 18
## Lender
- **Originating:** Security Federal Savings Bank
- **Servicing:** Security Federal Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*