Frankel Logistics, LLC

$282,897 PPP Loan in Tinicum Township, Pennsylvania

Loan Details

Loan Number
8103317101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$282,897
Current Approval
$282,897
Forgiveness Amount
$285,222
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frankel Logistics, LLC
Address
1019 4th Avenue
ZIP Code
19029
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Transportation and Warehousing (492210)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$9.3M
Rural/Urban
Urban
Congressional District
PA-05

Loan Use Breakdown

Payroll
$226,500
Rent
$32,000
Utilities
$6,897
Health Care
$5,000
Debt Interest
$12,500

Lender Information

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

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