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
- City
- Reading
- State
- Massachusetts
- 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
Other PPP Loans in Reading, MA
| Business | Approved | |
|---|---|---|
| Austin Preparatory School | $1,958,000 | |
| And Go Concepts LLC | $1,754,006 | |
| Fraen Corporation | $1,597,400 | |
| Fraen Corporation | $1,134,800 | |
| Bear Mt Reading LLC | $1,134,100 |
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