PPP Loan information for Friedman industries, inc

$1,690,385

Friedman industries, inc was initially approved for PPP Loan of amount $1,690,385, the current approved amount is $1,690,385. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 103 jobs and $1,690,385 was used to fund payroll.

Friedman industries, inc is Existing or more than 2 years old

FRIEDMAN INDUSTRIES, INC

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FRIEDMAN INDUSTRIES, INC

Borrower Address

1121 Judson Road Suite 124

Borrower City

Longview

Borrower State

TX

Borrower Zip

75601-5119

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1690385.00

Current Approval Amount

1690385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Longview

Project County Name

GREGG

Project State

TX

Project Zip

75601-5119

CD

TX-01

Jobs Reported

103

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

118828.00

Payroll Proceed

1271851.00

Mortgage Interest Proceed

0.00

Rent Proceed

8256.00

Refinance EIDL Proceed

0.00

Health Care Proceed

291450.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1709987.83

Forgiveness Date

06/11/2021

;