# PPP loan: FRITEL & ASSOCIATES
> **$696K** approved 04/10/2020 · Paid in Full · Loan `1325447109`
## Borrower
- **Name:** FRITEL & ASSOCIATES
- **Address:** 1001 Webster, Waco, TX, 76706
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $703K (101%)
- **Forgiveness date:** 05/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $671K
- **Mortgage interest:** $16K
- **Utilities:** $8K
- **Jobs reported:** 54
## Lender
- **Originating:** Central National Bank
- **Servicing:** Central National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*