# PPP loan: FROSTY FACTORY OF AMERICA, INC.
> **$417K** approved 04/07/2020 · Paid in Full · Loan `7474997002`
## Borrower
- **Name:** FROSTY FACTORY OF AMERICA, INC.
- **Address:** 2301 S FARMERVILLE ST, RUSTON, LA, 71270-9042
- **NAICS:** 423740
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $417K
- **Initial approval:** $417K
- **Forgiven:** $421K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $312K
- **Rent:** $83K
- **Utilities:** $21K
- **Jobs reported:** 39
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*