# PPP loan: BRACONE METAL SPINNING INC
> **$328K** approved 04/09/2020 · Paid in Full · Loan `9588317005`
## Borrower
- **Name:** BRACONE METAL SPINNING INC
- **Address:** 39 DEPAOLO DR, SOUTHINGTON, CT, 06489-1021
- **NAICS:** 336412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 21
## Lender
- **Originating:** The Milford Bank
- **Servicing:** The Milford Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*