Fraen Corporation

$1,597,400 PPP Loan in Reading, Massachusetts

Loan Details

Loan Number
7758408510
Date Approved
Mar 6, 2021
Loan Status
Paid in Full
Initial Approval
$1,597,400
Current Approval
$1,597,400
Forgiveness Amount
$1,619,807
Forgiveness Date
Aug 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Fraen Corporation
Address
80 New Crossing Rd
ZIP Code
01867-3254
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$29.6M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$1,597,396
Utilities
$1

Lender Information

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

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