PPP Loan information for Franklin paint company inc

$482,892

Franklin paint company inc was initially approved for PPP Loan of amount $482,892, the current approved amount is $482,892. The loan was approved on 04/10/2020 by The Cambridge Savings Bank reported 26 jobs and $482,892 was used to fund payroll.

Franklin paint company inc is Existing or more than 2 years old

FRANKLIN PAINT COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRANKLIN PAINT COMPANY INC

Borrower Address

259 COTTAGE ST

Borrower City

FRANKLIN

Borrower State

MA

Borrower Zip

02038-3006

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482892.00

Current Approval Amount

482892.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

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

NORFOLK

Project State

MA

Project Zip

02038-3006

CD

MA-04

Jobs Reported

26

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

120723.00

Payroll Proceed

362169.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486688.99

Forgiveness Date

02/02/2021

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