We give an integrability criterion for a projective limit of Banach distributions on a Fréchet manifold which is a projective limit of Banach manifolds. This leads to a result of integrability of projective limit of involutive bundles on a projective sequence of Banach manifolds. This can be seen as a version of Frobenius Theorem in Fréchet setting. As consequence, we obtain a version of the third Lie theorem for a Fréchet-Lie group which is a submersive projective limit of Banach Lie groups. We also give an application to a sequence of prolongations of a Banach Lie algebroid.