Fratello Concrete & Construction, INC

$66,927 PPP Loan in Rochester, Michigan

Loan Details

Loan Number
2465287704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$66,927
Current Approval
$66,927
Forgiveness Amount
$67,752
Forgiveness Date
Jul 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fratello Concrete & Construction, INC
Address
587 Ridgewood Rd
ZIP Code
48306
Business Type
Corporation
Industry (NAICS)
Construction (236115)
Business Age
New Business or 2 years or less
Jobs Reported
110
Estimated Revenue
$33.4M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$59,543
Rent
$2,000
Utilities
$1,644
Debt Interest
$3,740

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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