# PPP loan: THE FRUGAL FRAMER INC
> **$153K** approved 05/01/2020 · Exemption 4 · Loan `6815317710`
## Borrower
- **Name:** THE FRUGAL FRAMER INC
- **Address:** 502 21ST ST, VERO BEACH, FL, 32960
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $107K (70%)
- **Forgiveness date:** 12/30/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $153K
- **Jobs reported:** 16
## 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*