# PPP loan: FRS INC
> **$412K** approved 04/08/2020 · Paid in Full · Loan `8122197010`
## Borrower
- **Name:** FRS INC
- **Address:** 2695 AZALEA TRAIL DR, NORTH CHARLESTON, SC, 29405-8263
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Forgiven:** $417K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $319K
- **Mortgage interest:** $54K
- **Debt interest:** $38K
- **Jobs reported:** 43
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*