# PPP loan: FRED EICHLER CONSTRUCTION INC
> **$551K** approved 05/01/2020 · Paid in Full · Loan `6388077704`
## Borrower
- **Name:** FRED EICHLER CONSTRUCTION INC
- **Address:** 4325 ORCHARD HEIGHTS RD NW, SALEM, OR, 97304-1536
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $551K
- **Initial approval:** $521K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*