# PPP loan: FRANK FEDERICI AND SONS INC
> **$248K** approved 04/29/2020 · Paid in Full · Loan `4059167304`
## Borrower
- **Name:** FRANK FEDERICI AND SONS INC
- **Address:** 14 E MAIN ST, FREEHOLD, NJ, 07728
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 40
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*