PPP Loan information for Fram trak industries, inc.

$158,750

Fram trak industries, inc. was initially approved for PPP Loan of amount $158,750, the current approved amount is $158,750. The loan was approved on 04/27/2020 by The Unity Bank reported 25 jobs and $158,750 was used to fund payroll.

Fram trak industries, inc. is Existing or more than 2 years old

FRAM TRAK INDUSTRIES, INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRAM TRAK INDUSTRIES, INC.

Borrower Address

205 HALLOCK AVENUE

Borrower City

MIDDLESEX

Borrower State

NJ

Borrower Zip

08846

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158750.00

Current Approval Amount

158750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDDLESEX

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08846-0001

CD

NJ-12

Jobs Reported

25

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158750.00

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

Subchapter S Corporation

Originating Lender Location Id

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159596.67

Forgiveness Date

11/17/2020

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