PPP Loan information for Fraleg group inc

$652,875

Fraleg group inc was initially approved for PPP Loan of amount $652,875, the current approved amount is $652,875. The loan was approved on 06/26/2020 by The CDC Small Business Finance Corporation reported 31 jobs and $652,875 was used to fund payroll.

Fraleg group inc is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Fraleg group inc

FRALEG GROUP INC

Date Approved

06/26/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

FRALEG GROUP INC

Borrower Address

931 LINCOLN PLACE

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11213-3332

Loan Status Date

07/15/2020

Loan Status

Charged Off

Term

43

SBA Guaranty Percentage

100

Initial Approval Amount

652875.00

Current Approval Amount

652875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188309

Servicing Lender Name

CDC Small Business Finance Corporation

Servicing Lender Address

2448 Historic Decatur Road Suite 200

Servicing Lender City

San Diego

Servicing Lender State

CA

Servicing Lender Zip

92106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11213-3332

CD

NY-09

Jobs Reported

31

NAICS Code

236118

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

652875.00

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

Partnership

Originating Lender Location Id

188309

Originating Lender

CDC Small Business Finance Corporation

Originating Lender City

San Diego

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;