PPP Loan information for Frandorson properties lp

$100,000

Frandorson properties lp was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 05/05/2020 by The American Express National Bank reported 10 jobs and $100,000 was used to fund payroll.

Frandorson properties lp is Existing or more than 2 years old

FRANDORSON PROPERTIES LP

Date Approved

05/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANDORSON PROPERTIES LP

Borrower Address

300 Frandor Ave, 2nd Floor

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48912

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48912-1000

CD

MI-07

Jobs Reported

10

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

50000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100923.29

Forgiveness Date

04/15/2021

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