# PPP loan: FRATERFOOD SERVICE INC.
> **$742K** approved 04/07/2020 · Paid in Full · Loan `6970847008`
## Borrower
- **Name:** FRATERFOOD SERVICE INC.
- **Address:** 1013 Roosevelt Ave Puerto Nuevo Dev, SAN JUAN, PR, 00920
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $742K
- **Initial approval:** $742K
- **Forgiven:** $753K (102%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Jobs reported:** 185
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*