Frommelt Equipment Company, INC
$538,700 PPP Loan in North Reading, Massachusetts
Loan Details
- Loan Number
- 6195637100
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $538,700
- Current Approval
- $493,900
- Forgiveness Amount
- $497,947
- Forgiveness Date
- Feb 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Frommelt Equipment Company, INC
- Address
- 184 Main St Po Box 10
- City
- North Reading
- State
- Massachusetts
- ZIP Code
- 01864-3115
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (444190)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $5.6M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $493,900
Lender Information
- Servicing Lender
- Salem Five Cents Savings Bank
- Originating Lender
- Salem Five Cents Savings Bank
Other PPP Loans in North Reading, MA
| Business | Approved | |
|---|---|---|
| Columbia Construction Company | $3,576,170 |  Research |
| Electrical Dynamics INC | $1,772,000 | Research |
| Lown Acquisition, LLC | $1,487,190 | Research |
| Electrical Dynamics Inc. | $1,391,550 | Research |
| Moynihan North Reading Lumber INC | $1,330,600 | Research |
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