PPP Loan information for Frams donuts inc

$283,000

Frams donuts inc was initially approved for PPP Loan of amount $283,000, the current approved amount is $283,000. The loan was approved on 04/14/2020 by The Northway Bank reported 44 jobs and $283,000 was used to fund payroll.

Frams donuts inc is Existing or more than 2 years old

FRAMS DONUTS INC

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

FRAMS DONUTS INC

Borrower Address

1946 WHITE MOUNTAIN HWY

Borrower City

NORTH CONWAY

Borrower State

NH

Borrower Zip

03860-5147

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283000.00

Current Approval Amount

283000.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CONWAY

Project County Name

CARROLL

Project State

NH

Project Zip

03860-5147

CD

NH-01

Jobs Reported

44

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

212999.58

Mortgage Interest Proceed

70000.42

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

285381.92

Forgiveness Date

03/01/2021

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