Frandorson Properties LP

$100,000 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
2372857405
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$100,000
Current Approval
$100,000
Forgiveness Amount
$100,923
Forgiveness Date
Apr 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frandorson Properties LP
Address
300 Frandor Ave, 2nd Floor
ZIP Code
48912
Business Type
Partnership
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$50,000
Rent
$30,000
Utilities
$10,000
Health Care
$10,000

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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