# PPP loan: FRED DEROMA AND SON, INC.
> **$1.08M** approved 04/03/2020 · Paid in Full · Loan `4416077006`
## Borrower
- **Name:** FRED DEROMA AND SON, INC.
- **Address:** 45 Grew ave, ROSLINDALE, MA, 02131-4637
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Jobs reported:** 60
## Lender
- **Originating:** The Cooperative Bank
- **Servicing:** The Cooperative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*