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National Frame Rail, INC

$329,500 PPP Loan in Sanger, Texas

Loan Details

Loan Number
5833127003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$329,500
Current Approval
$329,500
Forgiveness Amount
$331,658
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
National Frame Rail, INC
Address
11919 Interstate 35 N
City
Sanger
State
Texas
ZIP Code
76266-7413
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$304,000
Utilities
$21,000
Debt Interest
$4,500

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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