# PPP loan: FREDRICKS ELECTRIC, INC.
> **$231K** approved 06/03/2020 · Paid in Full · Loan `7488497801`
## Borrower
- **Name:** FREDRICKS ELECTRIC, INC.
- **Address:** 1185 LINDA VISTA DR STE H, SAN MARCOS, CA, 92078-3811
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $233K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Jobs reported:** 14
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*