# PPP loan: FRALEG GROUP INC
> **$653K** approved 06/26/2020 · Charged Off · Loan `4984068008`
## Borrower
- **Name:** FRALEG GROUP INC
- **Address:** 931 LINCOLN PLACE, BROOKLYN, NY, 11213-3332
- **NAICS:** 236118
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Status:** Charged Off
- **Term:** 43 months
## Use of funds
- **Payroll:** $653K
- **Jobs reported:** 31
## Lender
- **Originating:** CDC Small Business Finance Corporation
- **Servicing:** CDC Small Business Finance Corporation (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*