PPP Loan information for Fraen corporation

$1,597,400

Fraen corporation was initially approved for PPP Loan of amount $1,597,400, the current approved amount is $1,597,400. The loan was approved on 03/06/2021 by The Manufacturers and Traders Trust Company reported 121 jobs and $1,597,400 was used to fund payroll.

Fraen corporation is Existing or more than 2 years old

PPP Loan Search / MA / Reading / Fraen corporation

FRAEN CORPORATION

Date Approved

03/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FRAEN CORPORATION

Borrower Address

80 New Crossing Rd

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-3254

Loan Status Date

09/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1597400.00

Current Approval Amount

1597400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-3254

CD

MA-06

Jobs Reported

121

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1597396.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1619807.36

Forgiveness Date

08/04/2022

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