PPP Loan information for Franklin iron & metal co inc

$355,400

Franklin iron & metal co inc was initially approved for PPP Loan of amount $355,400, the current approved amount is $355,400. The loan was approved on 02/25/2021 by The PNC Bank, National Association reported 35 jobs and $355,400 was used to fund payroll.

Franklin iron & metal co inc is Existing or more than 2 years old

FRANKLIN IRON & METAL CO INC

Date Approved

02/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRANKLIN IRON & METAL CO INC

Borrower Address

120 South Ave

Borrower City

Battle Creek

Borrower State

MI

Borrower Zip

49014-4136

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

355400.00

Current Approval Amount

355400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Battle Creek

Project County Name

CALHOUN

Project State

MI

Project Zip

49014-4136

CD

MI-03

Jobs Reported

35

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355400.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357739.72

Forgiveness Date

10/26/2021

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