PPP Loan information for Framax contractors inc

$72,840

Framax contractors inc was initially approved for PPP Loan of amount $72,840, the current approved amount is $72,840. The loan was approved on 02/24/2021 by The Cross River Bank reported 17 jobs and $72,840 was used to fund payroll.

Framax contractors inc is Existing or more than 2 years old

FRAMAX CONTRACTORS INC

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FRAMAX CONTRACTORS INC

Borrower Address

3702 Kayson St

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20906-5128

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72840.00

Current Approval Amount

72840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-5128

CD

MD-08

Jobs Reported

17

NAICS Code

236115

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72838.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50641.01

Forgiveness Date

12/20/2021

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