# PPP loan: V. FRAAS USA, INC.
> **$536K** approved 04/15/2020 · Paid in Full · Loan `8757667100`
## Borrower
- **Name:** V. FRAAS USA, INC.
- **Address:** 39 Gus Lapham Lane, PLATTSBURGH, NY, 12901
- **NAICS:** 424330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $536K
- **Jobs reported:** 92
## Lender
- **Originating:** Community Bank, National Association
- **Servicing:** Community Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*