PPP Loan information for Frama inc

$165,450

Frama inc was initially approved for PPP Loan of amount $165,450, the current approved amount is $165,450. The loan was approved on 03/16/2021 by The Itasca Bank & Trust Co. reported 12 jobs and $165,450 was used to fund payroll.

Frama inc is Existing or more than 2 years old

PPP Loan Search / IL / Addison / Frama inc

FRAMA INC

Date Approved

03/16/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

FRAMA INC

Borrower Address

1105 W National Ave

Borrower City

Addison

Borrower State

IL

Borrower Zip

60101-3128

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165450.00

Current Approval Amount

165450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Addison

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-3128

CD

IL-03

Jobs Reported

12

NAICS Code

423310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

165447.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167646.81

Forgiveness Date

07/08/2022

;