PPP Loan information for Frasa, inc

$360,000

Frasa, inc was initially approved for PPP Loan of amount $360,000, the current approved amount is $360,000. The loan was approved on 04/13/2020 by The Cambridge Savings Bank reported 75 jobs and $360,000 was used to fund payroll.

Frasa, inc is Existing or more than 2 years old

FRASA, INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRASA, INC

Borrower Address

28 CHURCH ST

Borrower City

WINCHESTER

Borrower State

MA

Borrower Zip

01890-2500

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360000.00

Current Approval Amount

360000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01890-2500

CD

MA-05

Jobs Reported

75

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360000.00

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

Subchapter S Corporation

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361982.47

Forgiveness Date

11/12/2020

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