PPP Loan information for Fraboni's wholesale distr

$247,031

Fraboni's wholesale distr was initially approved for PPP Loan of amount $247,031, the current approved amount is $247,031. The loan was approved on 04/06/2020 by The Grand Rapids State Bank reported 27 jobs and $247,031 was used to fund payroll.

Fraboni's wholesale distr is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Fraboni's wholesale distr

FRABONI'S WHOLESALE DISTR

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FRABONI'S WHOLESALE DISTR

Borrower Address

315 E 13TH ST

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1400

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247031.32

Current Approval Amount

247031.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1400

CD

MN-08

Jobs Reported

27

NAICS Code

424470

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247031.32

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

238348.16

Forgiveness Date

11/03/2020

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