PPP Loan information for Fram auto corp

$43,500

Fram auto corp was initially approved for PPP Loan of amount $43,500, the current approved amount is $43,500. The loan was approved on 04/09/2020 by The Salem Co-operative Bank reported 9 jobs and $43,500 was used to fund payroll.

Fram auto corp is Existing or more than 2 years old

PPP Loan Search / MA / METHUEN / Fram auto corp

FRAM AUTO CORP

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRAM AUTO CORP

Borrower Address

5 WALDEN ST

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-2641

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43500.00

Current Approval Amount

43500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78004

Servicing Lender Name

Salem Co-operative Bank

Servicing Lender Address

3 S Broadway

Servicing Lender City

SALEM

Servicing Lender State

NH

Servicing Lender Zip

03079-3005

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-2641

CD

MA-03

Jobs Reported

9

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43500.00

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

78004

Originating Lender

Salem Co-operative Bank

Originating Lender City

SALEM

Originating Lender State

NH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

34694.71

Forgiveness Date

11/09/2020

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