# PPP loan: FRACO CONCRETE PRODUCTS, INC.
> **$233K** approved 04/14/2020 · Paid in Full · Loan `6424657100`
## Borrower
- **Name:** FRACO CONCRETE PRODUCTS, INC.
- **Address:** 200 CHERRY CREEK RD, MARQUETTE, MI, 49855-8909
- **NAICS:** 327320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $13K
- **Jobs reported:** 20
## Lender
- **Originating:** Range Bank
- **Servicing:** Range Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*