# PPP loan: FRIEDRICHS AUTO SALES, INC.
> **$177K** approved 04/09/2020 · Paid in Full · Loan `9792597005`
## Borrower
- **Name:** FRIEDRICHS AUTO SALES, INC.
- **Address:** 39976 Co Rd 1, RICE, MN, 56367
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Rent:** $27K
- **Utilities:** $18K
- **Jobs reported:** 21
## Lender
- **Originating:** Sentry Bank
- **Servicing:** Sentry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*