PPP Loan information for Francat inc.

$346,500

Francat inc. was initially approved for PPP Loan of amount $346,500, the current approved amount is $346,500. The loan was approved on 01/17/2021 by The DR Bank reported 18 jobs and $346,500 was used to fund payroll.

Francat inc. is Existing or more than 2 years old

FRANCAT INC.

Date Approved

01/17/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

FRANCAT INC.

Borrower Address

129 Gates Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11238-1920

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

346500.00

Current Approval Amount

346500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440858

Servicing Lender Name

DR Bank

Servicing Lender Address

1001 Post Rd

Servicing Lender City

DARIEN

Servicing Lender State

CT

Servicing Lender Zip

06820-4553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11238-1920

CD

NY-07

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

346496.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440858

Originating Lender

DR Bank

Originating Lender City

DARIEN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

349185.38

Forgiveness Date

11/10/2021

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