# PPP loan: FRATELLIS ITALIAN RESTAURANT INC
> **$225K** approved 03/13/2021 · Paid in Full · Loan `1638208605`
## Borrower
- **Name:** FRATELLIS ITALIAN RESTAURANT INC
- **Address:** 6007 US Route 60 E Ste 312, Barboursville, WV, 25504-1045
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $225K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*