# PPP loan: BRANDFON MOTORS INC
> **$880K** approved 04/15/2020 · Paid in Full · Loan `8021747108`
## Borrower
- **Name:** BRANDFON MOTORS INC
- **Address:** 515 West Main Street, Branford, CT, 06405
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $880K
- **Initial approval:** $880K
- **Forgiven:** $889K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $647K
- **Rent:** $157K
- **Mortgage interest:** $41K
- **Utilities:** $12K
- **Health care:** $23K
- **Jobs reported:** 74
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*