# PPP loan: NEO-BRAKE SYSTEMS, INC
> **$422K** approved 04/09/2020 · Paid in Full · Loan `9031797001`
## Borrower
- **Name:** NEO-BRAKE SYSTEMS, INC
- **Address:** 6881 South 10th St., OAK CREEK, WI, 53154-1417
- **NAICS:** 336340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Jobs reported:** 28
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*