# PPP loan: FRED INVESTMENTS LLC
> **$385K** approved 04/28/2021 · Paid in Full · Loan `4351578901`
## Borrower
- **Name:** FRED INVESTMENTS LLC
- **Address:** 250 Racine Dr Ste 15, Wilmington, NC, 28403-8843
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Jobs reported:** 62
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*