# PPP loan: FREDRIKSEN FIRE EQUIPMENT COMPANY
> **$286K** approved 04/15/2020 · Paid in Full · Loan `2144217203`
## Borrower
- **Name:** FREDRIKSEN FIRE EQUIPMENT COMPANY
- **Address:** 555 POND DR, WOOD DALE, IL, 60191-1131
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $273K
- **Rent:** $11K
- **Utilities:** $2K
- **Jobs reported:** 24
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*