Fruge Distributing, Inc.

$493,240 PPP Loan in Branch, Louisiana

Loan Details

Loan Number
1549278308
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$493,240
Current Approval
$493,240
Forgiveness Amount
$499,268
Forgiveness Date
Apr 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Fruge Distributing, Inc.
Address
7172 Church Point Hwy
City
Branch
ZIP Code
70516
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424460)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$14.2M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$493,236
Utilities
$1

Lender Information

Servicing Lender
First National Bank of Louisiana
Originating Lender
First National Bank of Louisiana

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