# PPP loan: FREDS PLUMBING & HEATING  INC.
> **$501K** approved 01/30/2021 · Paid in Full · Loan `9497108307`
## Borrower
- **Name:** FREDS PLUMBING & HEATING  INC.
- **Address:** 328 Main St, Derby, VT, 05829-9743
- **NAICS:** 454310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $501K
- **Utilities:** $1
- **Jobs reported:** 43
## Lender
- **Originating:** Woodsville Guaranty Savings Bank
- **Servicing:** Woodsville Guaranty Savings Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*