PPP Loan information for Frankle electric inc.

$163,140

Frankle electric inc. was initially approved for PPP Loan of amount $163,140, the current approved amount is $163,140. The loan was approved on 04/28/2020 by The Northwest Bank reported 11 jobs and $163,140 was used to fund payroll.

Frankle electric inc. is Existing or more than 2 years old

FRANKLE ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

FRANKLE ELECTRIC INC.

Borrower Address

134 Singer Ave

Borrower City

Mc Kees Rocks

Borrower State

PA

Borrower Zip

15136-2918

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163140.00

Current Approval Amount

163140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mc Kees Rocks

Project County Name

ALLEGHENY

Project State

PA

Project Zip

15136-2918

CD

PA-17

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

163140.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164422.77

Forgiveness Date

02/18/2021

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