# PPP loan: FRUGE DISTRIBUTING, INC.
> **$493K** approved 01/17/2021 · Paid in Full · Loan `1549278308`
## Borrower
- **Name:** FRUGE DISTRIBUTING, INC.
- **Address:** 7172 Church Point Hwy, Branch, LA, 70516
- **NAICS:** 424460
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 04/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** First National Bank of Louisiana
- **Servicing:** First National Bank of Louisiana (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*