# PPP loan: FREDMORE INC
> **$344K** approved 02/09/2021 · Paid in Full · Loan `5950868400`
## Borrower
- **Name:** FREDMORE INC
- **Address:** 422 FRELINGHUYSEN AVE 422 FRELINGHUYSEN AVE, NEWARK, NJ, 07114
- **NAICS:** 812930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $344K
- **Initial approval:** $344K
- **Forgiven:** $334K (97%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*