PPP Loan information for Franklin management, inc

$249,000

Franklin management, inc was initially approved for PPP Loan of amount $249,000, the current approved amount is $249,000. The loan was approved on 04/07/2020 by The The Citizens National Bank of Somerset reported 17 jobs and $249,000 was used to fund payroll.

Franklin management, inc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Franklin management, inc

FRANKLIN MANAGEMENT, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FRANKLIN MANAGEMENT, INC

Borrower Address

650 S HIGHWAY 27 SUITE 5

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-3501

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249000.00

Current Approval Amount

249000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-3501

CD

KY-05

Jobs Reported

17

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

215000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2200.00

Debt Interest Proceed

25800

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251946.50

Forgiveness Date

06/11/2021

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