PPP Loan information for Franklin lanes inc

$153,125

Franklin lanes inc was initially approved for PPP Loan of amount $153,125, the current approved amount is $153,125. The loan was approved on 04/15/2020 by The Volunteer State Bank reported 30 jobs and $153,125 was used to fund payroll.

Franklin lanes inc is Existing or more than 2 years old

PPP Loan Search / TN / Franklin / Franklin lanes inc

FRANKLIN LANES INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FRANKLIN LANES INC

Borrower Address

1200 Lakeview Dr

Borrower City

Franklin

Borrower State

TN

Borrower Zip

37067-3073

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153125.00

Current Approval Amount

153125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37067-3073

CD

TN-07

Jobs Reported

30

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19140.62

Payroll Proceed

114843.75

Mortgage Interest Proceed

19140.63

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154430.82

Forgiveness Date

02/17/2021

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