PPP Loan information for Fraco products ltd

$314,237

Fraco products ltd was initially approved for PPP Loan of amount $314,237, the current approved amount is $314,237. The loan was approved on 04/29/2020 by The Santander Bank, National Association reported 26 jobs and $314,237 was used to fund payroll.

Fraco products ltd is Existing or more than 2 years old

PPP Loan Search / MD / Baltimore / Fraco products ltd

FRACO PRODUCTS LTD

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FRACO PRODUCTS LTD

Borrower Address

4312 Old Milford Mill Road

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21208

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314237.00

Current Approval Amount

314237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE

Project State

MD

Project Zip

21208-0002

CD

MD-02

Jobs Reported

26

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

314237.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316974.74

Forgiveness Date

03/22/2021

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