# PPP loan: FREDERICK DERR & COMPANY INCORPORATED
> **$1.39M** approved 01/26/2021 · Paid in Full · Loan `6251688302`
## Borrower
- **Name:** FREDERICK DERR & COMPANY INCORPORATED
- **Address:** 1451 Myrtle St, Sarasota, FL, 34234-4723
- **NAICS:** 237990
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.39M
- **Jobs reported:** 120
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*