The Frate Group, Inc.
$1,684,400 PPP Loan in Mchenry, Illinois
Loan Details
- Loan Number
- 7166477106
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,684,400
- Current Approval
- $1,684,400
- Forgiveness Amount
- $1,701,384
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Frate Group, Inc.
- Address
- 1202 S Il Route 31
- City
- Mchenry
- State
- Illinois
- ZIP Code
- 60050-3178
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (484110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 132
- Estimated Revenue
- $20.0M
- Rural/Urban
- Urban
- Congressional District
- IL-11
Loan Use Breakdown
- Payroll
- $1,684,400
Lender Information
- Servicing Lender
- American Community Bank & Trust
- Originating Lender
- American Community Bank & Trust
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|---|---|---|
| Metalmaster Sheet Metal INC | $2,842,100 | |
| Fabrik Industries INC | $2,519,300 | |
| Fabrik Industries INC | $2,000,000 | |
| Gary Lang Chevrolet, Inc. | $1,927,000 | |
| Pioneer Center for Human Services | $1,661,700 |
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