# PPP loan: FRED'S J&B SERVICE CORP.
> **$406K** approved 01/21/2021 · Paid in Full · Loan `3258108302`
## Borrower
- **Name:** FRED'S J&B SERVICE CORP.
- **Address:** 1358 Hooper Ave # 155, Toms River, NJ, 08753-2882
- **NAICS:** 484220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Manasquan Bank
- **Servicing:** Manasquan Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*