Frederick's Machine & Tool Shop INC
$1,054,488 PPP Loan in New Iberia, Louisiana
Loan Details
- Loan Number
- 3748558300
- Date Approved
- Jan 22, 2021
- Loan Status
- Exemption 4
- Initial Approval
- $1,054,488
- Current Approval
- $1,054,488
- Forgiveness Amount
- $1,016,850
- Forgiveness Date
- Mar 31, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Frederick's Machine & Tool Shop INC
- Address
- 3903 2nd St
- City
- New Iberia
- State
- Louisiana
- ZIP Code
- 70560-0500
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $16.9M
- Rural/Urban
- Urban
- Congressional District
- LA-03
Loan Use Breakdown
- Payroll
- $1,054,485
- Utilities
- $1
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- B1bank
Other PPP Loans in New Iberia, LA
| Business | Approved | |
|---|---|---|
| Reme, LLC | $7,477,900 | |
| Cardinal Services, LLC | $4,222,527 | |
| Fluid Crane & Construction, Inc. | $2,861,400 | |
| Blue Fin Services LLC | $2,535,100 | |
| Premiere, Inc. | $2,321,900 |
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