Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
FRALICK & SONS INC.
Borrower Address
6469 LENNON RD
Borrower City
SWARTZ CREEK
Borrower State
MI
Borrower Zip
48473-7916
Loan Status Date
04/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
61200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98882
Servicing Lender Name
ELGA CU
Servicing Lender Address
6065 Grand Pointe Blvd
Servicing Lender City
GRAND BLANC
Servicing Lender State
Servicing Lender Zip
48439
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GENESEE
Project State
Project Zip
CD
MI-05
Jobs Reported
9
NAICS Code
238220
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1600.00
Payroll Proceed
57935.00
Mortgage Interest Proceed
Rent Proceed
1665.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
61749.10
Forgiveness Date
03/08/2021