# PPP loan: FPI MANAGEMENT INC.
> **$7.23M** approved 04/30/2020 · Paid in Full · Loan `4791967309`
## Borrower
- **Name:** FPI MANAGEMENT INC.
- **Address:** 800 IRON POINT RD, FOLSOM, CA, 95630-9004
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $7.23M
- **Initial approval:** $7.23M
- **Forgiven:** $7.31M (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.23M
- **Jobs reported:** 500
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*