# PPP loan: BROX INDUSTRIES INC.
> **$3.94M** approved 04/14/2020 · Paid in Full · Loan `8000487103`
## Borrower
- **Name:** BROX INDUSTRIES INC.
- **Address:** 1471 Methuen St., Dracut, MA, 01826
- **NAICS:** 212321
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.94M
- **Initial approval:** $3.94M
- **Forgiven:** $3.98M (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.94M
- **Jobs reported:** 235
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*