PPP Loan information for Fraco usa

$419,910

Fraco usa was initially approved for PPP Loan of amount $419,910, the current approved amount is $419,910. The loan was approved on 03/18/2021 by The Santander Bank, National Association reported 23 jobs and $419,910 was used to fund payroll.

Fraco usa is Existing or more than 2 years old

FRACO USA

Date Approved

03/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

FRACO USA

Borrower Address

4312 Old Milford Mill Rd

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21208-6052

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419910.00

Current Approval Amount

419910.00

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

Y

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

21208-6052

CD

MD-02

Jobs Reported

23

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

419907.00

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

422533.00

Forgiveness Date

11/03/2021

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