PPP Loan information for Franklin braid manufacturing co inc

$434,935

Franklin braid manufacturing co inc was initially approved for PPP Loan of amount $434,945, the current approved amount is $434,935. The loan was approved on 04/14/2020 by The Truist Bank reported 80 jobs and $434,935 was used to fund payroll.

Franklin braid manufacturing co inc is Existing or more than 2 years old

PPP Loan Search / VA / EMPORIA / Franklin braid manufacturing co inc

FRANKLIN BRAID MANUFACTURING CO INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRANKLIN BRAID MANUFACTURING CO INC

Borrower Address

620 Davis Street

Borrower City

EMPORIA

Borrower State

VA

Borrower Zip

23847-1405

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434945.00

Current Approval Amount

434935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EMPORIA

Project County Name

EMPORIA

Project State

VA

Project Zip

23847-1405

CD

VA-04

Jobs Reported

80

NAICS Code

314994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

434935.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439344.76

Forgiveness Date

04/29/2021

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