# PPP loan: GRITTER - FRANCONA INC
> **$1.13M** approved 04/27/2020 · Paid in Full · Loan `5491907207`
## Borrower
- **Name:** GRITTER - FRANCONA INC
- **Address:** CALHOUN PL, DERWOOD, MD, 20855-2836
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $849K
- **Rent:** $283K
- **Jobs reported:** 70
## Lender
- **Originating:** First Bank of Owasso
- **Servicing:** First Bank of Owasso (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*