# PPP loan: FRETTE NORTH AMERICA INC
> **$1.47M** approved 05/06/2020 · Paid in Full · Loan `3148287400`
## Borrower
- **Name:** FRETTE NORTH AMERICA INC
- **Address:** 850 3rd Avenue, 10th floor, NEW YORK, NY, 10022-7221
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.50M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Rent:** $426K
- **Utilities:** $30K
- **Health care:** $160K
- **Jobs reported:** 91
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*