PPP Loan information for Fraco concrete products, inc.

$232,600

Fraco concrete products, inc. was initially approved for PPP Loan of amount $232,600, the current approved amount is $232,600. The loan was approved on 04/14/2020 by The Range Bank reported 20 jobs and $232,600 was used to fund payroll.

Fraco concrete products, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MARQUETTE / Fraco concrete products, inc.

FRACO CONCRETE PRODUCTS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRACO CONCRETE PRODUCTS, INC.

Borrower Address

200 CHERRY CREEK RD

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-8909

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232600.00

Current Approval Amount

232600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARQUETTE

Project County Name

MARQUETTE

Project State

MI

Project Zip

49855-8909

CD

MI-01

Jobs Reported

20

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219600.00

Mortgage Interest Proceed

0.00

Rent Proceed

13000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233944.62

Forgiveness Date

11/19/2020

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