BRAKE SYSTEM INC

Summary of PPP (Paycheck Protection Program) Loan approved to BRAKE SYSTEM INC by Umpqua Bank. The loan was approved on 4/15/2020 in the range of $150,000-350,000.

Business Information

Name:	BRAKE SYSTEM INC 2221 NE HOYT ST PORTLAND, OR 97232
Business type:	Corporation Transportation Equipment Manufacturing → Motor Vehicle Brake System Manufacturing
Non-profit:	No
Loan amount:	$150,000-350,000 (50 Jobs retained)
Date approved:	April 15, 2020
Lender	Umpqua Bank

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.