# PPP loan: FADEN BUILDERS INC.
> **$385K** approved 02/20/2021 · Paid in Full · Loan `2163258500`
## Borrower
- **Name:** FADEN BUILDERS INC.
- **Address:** 1194 Camp Ave, Mount Dora, FL, 32757-6170
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** United Southern Bank
- **Servicing:** United Southern Bank (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*