PPP Loan information for Franchise food services, inc.

$170,416

Franchise food services, inc. was initially approved for PPP Loan of amount $170,416, the current approved amount is $170,416. The loan was approved on 01/30/2021 by The First Bank of the Lake reported 25 jobs and $170,416 was used to fund payroll.

Franchise food services, inc. is Existing or more than 2 years old

FRANCHISE FOOD SERVICES, INC.

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FRANCHISE FOOD SERVICES, INC.

Borrower Address

3 Victorian Hl

Borrower City

Manalapan

Borrower State

NJ

Borrower Zip

07726-8687

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170416.27

Current Approval Amount

170416.27

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

110352

Servicing Lender Name

First Bank of the Lake

Servicing Lender Address

4558 Osage Beach Pkwy, Ste 100

Servicing Lender City

OSAGE BEACH

Servicing Lender State

MO

Servicing Lender Zip

65065-2372

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manalapan

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07726-8687

CD

NJ-03

Jobs Reported

25

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

170414.27

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

110352

Originating Lender

First Bank of the Lake

Originating Lender City

OSAGE BEACH

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171812.74

Forgiveness Date

12/07/2021

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