PPP borrower record

FRAEN CORPORATION PPP loan record

Public SBA PPP loan record for FRAEN CORPORATION. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$1,101,700
Approved amount
$1,112,023
Forgiven amount
2020-04-06
Date approved

Borrower and loan details

Borrower
FRAEN CORPORATION
Loan number
6025507006
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Reading
Borrower state
Massachusetts
Borrower ZIP
01867
Jobs reported
70
Loan status
Paid in Full
Forgiveness date
2021-03-31
Servicing lender
People's United Bank, National Association
Originating lender
People's United Bank, National Association

Reported use of proceeds

Payroll
$879,167
Rent
$85,456
Utilities
$78,647
Mortgage interest
$22,370
Health care
N/A
Debt interest
$36,060

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.