Date Approved
04/07/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
FRAIN INDUSTRIES INC
Borrower Address
245 E. North Ave
Borrower City
CAROL STREAM
Borrower State
IL
Borrower Zip
60188-2021
Loan Status Date
06/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1281837.00
Current Approval Amount
1281800.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21023
Servicing Lender Name
Byline Bank
Servicing Lender Address
180 N LaSalle St, Ste 300
Servicing Lender City
CHICAGO
Servicing Lender State
Servicing Lender Zip
60601-3110
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DUPAGE
Project State
Project Zip
CD
IL-08
Jobs Reported
90
NAICS Code
423830
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1295614.96
Forgiveness Date
05/17/2021