Frakes INC

$38,000 PPP Loan in Alma, Michigan

Loan Details

Loan Number
7273018306
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$38,000
Current Approval
$38,000
Forgiveness Amount
$38,538
Forgiveness Date
Jul 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Frakes INC
Address
1425 Wright Ave
City
Alma
ZIP Code
48801-1017
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811112)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$37,997
Utilities
$1

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

Other PPP Loans in Alma, MI

BusinessApproved
Alma College$4,151,837NewBizBotAI Deep Dive
Michigan Masonic Home$4,105,263NewBizBotAI Deep Dive
Avalon & Tahoe Mfg INC$1,500,000NewBizBotAI Deep Dive
Medler Electric Company$1,458,461NewBizBotAI Deep Dive
Medler Electric Company Employee Stock Ownership Plan and Tr$1,146,262NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free