PPP Loan information for Franklin electrical company

$27,513

Franklin electrical company was initially approved for PPP Loan of amount $27,513, the current approved amount is $27,513. The loan was approved on 06/30/2020 by The Truist Bank reported 4 jobs and $27,513 was used to fund payroll.

Franklin electrical company is Existing or more than 2 years old

PPP Loan Search / NC / MORGANTON / Franklin electrical company

FRANKLIN ELECTRICAL COMPANY

Date Approved

06/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FRANKLIN ELECTRICAL COMPANY

Borrower Address

1837 THRONEBURG RD

Borrower City

MORGANTON

Borrower State

NC

Borrower Zip

28655-9735

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27513.00

Current Approval Amount

27513.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORGANTON

Project County Name

BURKE

Project State

NC

Project Zip

28655-9735

CD

NC-10

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27513.00

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

Sole Proprietorship

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

27866.08

Forgiveness Date

10/20/2021

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