# PPP loan: FRASCO, INC.
> **$2.51M** approved 04/15/2020 · Paid in Full · Loan `9501707100`
## Borrower
- **Name:** FRASCO, INC.
- **Address:** 215 W. ALAMEDA AVE, BURBANK, CA, 91502-3060
- **NAICS:** 561611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.51M
- **Initial approval:** $2.51M
- **Forgiven:** $2.54M (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Health care:** $262K
- **Jobs reported:** 330
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*