Fraen Corporation
$1,134,800 PPP Loan in Reading, Massachusetts
Loan Details
- Loan Number
- 6025507006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,134,800
- Current Approval
- $1,101,700
- Forgiveness Amount
- $1,112,023
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fraen Corporation
- Address
- 80 New Crossing Rd
- City
- Reading
- State
- Massachusetts
- ZIP Code
- 01867-3291
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332721)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 70
- Estimated Revenue
- $17.1M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $879,167
- Rent
- $85,456
- Utilities
- $78,647
- Mortgage Interest
- $22,370
- Debt Interest
- $36,060
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Reading, MA
| Business | Approved | |
|---|---|---|
| Austin Preparatory School | $1,958,000 |  AI Deep Dive |
| And Go Concepts LLC | $1,754,006 | AI Deep Dive |
| Fraen Corporation | $1,597,400 | AI Deep Dive |
| Bear Mt Reading LLC | $1,134,100 | AI Deep Dive |
| Ax Mortgage Corp. | $705,100 | AI Deep Dive |
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