# PPP loan: FREDERICK ENTERPRISES INC
> **$429K** approved 04/07/2020 · Paid in Full · Loan `6513147004`
## Borrower
- **Name:** FREDERICK ENTERPRISES INC
- **Address:** 810 STANTON RD, WILMINGTON, DE, 19804-3640
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Rent:** $24K
- **Utilities:** $6K
- **Jobs reported:** 37
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*