# PPP loan: FRED ANDERSON ACQUISITION COMPANY,LLC
> **$680K** approved 04/14/2020 · Paid in Full · Loan `6519767101`
## Borrower
- **Name:** FRED ANDERSON ACQUISITION COMPANY,LLC
- **Address:** 3321 NC 87 S., SANFORD, NC, 27332-9629
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $680K
- **Initial approval:** $680K
- **Forgiven:** $687K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $544K
- **Mortgage interest:** $136K
- **Jobs reported:** 56
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*