Frederick's Machine & Tool Shop, INC
$888,379 PPP Loan in New Iberia, Louisiana
Loan Details
- Loan Number
- 6637727003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $888,379
- Current Approval
- $888,379
- Forgiveness Amount
- $896,448
- Forgiveness Date
- Mar 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Frederick's Machine & Tool Shop, INC
- Address
- 3903 Second St
- City
- New Iberia
- State
- Louisiana
- ZIP Code
- 70560-0500
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 69
- Estimated Revenue
- $16.9M
- Rural/Urban
- Urban
- Congressional District
- LA-03
Loan Use Breakdown
- Payroll
- $843,590
- Debt Interest
- $44,789
Lender Information
- Servicing Lender
- B1bank
- Originating Lender
- B1bank
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