# PPP loan: FRED EICHLER CONSTRUCTION INC
> **$551K** approved 01/31/2021 · Paid in Full · Loan `9879318306`
## Borrower
- **Name:** FRED EICHLER CONSTRUCTION INC
- **Address:** 4325 Orchard Heights Rd NW, Salem, OR, 97304-1536
- **NAICS:** 238130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $551K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*