# PPP loan: FRANGIPANI CORPORATION
> **$270K** approved 01/20/2021 · Paid in Full · Loan `2474218300`
## Borrower
- **Name:** FRANGIPANI CORPORATION
- **Address:** 823 Water St, Port Townsend, WA, 98368-5768
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $1
- **Jobs reported:** 78
## Lender
- **Originating:** Kitsap Bank
- **Servicing:** Kitsap Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*