Fraen Machining Corporation

$495,600 PPP Loan in Reading, Massachusetts

Loan Details

Loan Number
6373227001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$495,600
Current Approval
$495,600
Forgiveness Amount
$499,891
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fraen Machining Corporation
Address
80 New Crossing Rd
ZIP Code
01867-3254
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$495,600

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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