# PPP loan: FRADELLA'S COLLISION CENTER, INC
> **$433K** approved 04/12/2020 · Paid in Full · Loan `4048947100`
## Borrower
- **Name:** FRADELLA'S COLLISION CENTER, INC
- **Address:** 839 Parris Rd., CHALMETTE, LA, 70043
- **NAICS:** 811112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $108K
- **Jobs reported:** 36
## Lender
- **Originating:** Gulf Coast Bank and Trust Company
- **Servicing:** Gulf Coast Bank and Trust Company (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*