# PPP loan: FREVVO INC.
> **$230K** approved 04/09/2020 · Paid in Full · Loan `9468517001`
## Borrower
- **Name:** FREVVO INC.
- **Address:** 500 East Main Street #314, BRANFORD, CT, 06405-2905
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Rent:** $6K
- **Mortgage interest:** $11K
- **Utilities:** $800
- **Jobs reported:** 16
## Lender
- **Originating:** Essex Savings Bank
- **Servicing:** Essex Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*