# PPP loan: BRAY & REED, LTD.
> **$164K** approved 04/28/2020 · Paid in Full · Loan `8932497204`
## Borrower
- **Name:** BRAY & REED, LTD.
- **Address:** 202 W Superior St #200, DULUTH, MN, 55802
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $105K (64%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Jobs reported:** 11
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*