PPP Loan information for Franchi trucking inc

$204,735

Franchi trucking inc was initially approved for PPP Loan of amount $204,735, the current approved amount is $204,735. The loan was approved on 04/29/2020 by The Pinnacle Bank reported 20 jobs and $204,735 was used to fund payroll.

Franchi trucking inc is Existing or more than 2 years old

FRANCHI TRUCKING INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FRANCHI TRUCKING INC

Borrower Address

3200 OLD MOUNTAIN ROAD

Borrower City

TRINITY

Borrower State

NC

Borrower Zip

27370

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204735.00

Current Approval Amount

204735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRINITY

Project County Name

RANDOLPH

Project State

NC

Project Zip

27370-0001

CD

NC-09

Jobs Reported

20

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204735.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206961.84

Forgiveness Date

06/02/2021

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