# PPP loan: BUSCH BROS MACHINING INC
> **$333K** approved 04/09/2020 · Paid in Full · Loan `9637307010`
## Borrower
- **Name:** BUSCH BROS MACHINING INC
- **Address:** 600 6th Street NW, NEW PRAGUE, MN, 56071-1140
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $82K
- **Utilities:** $1K
- **Jobs reported:** 32
## Lender
- **Originating:** Minnwest Bank
- **Servicing:** Minnwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*