PPP Loan information for Franklin pallet, inc

$194,600

Franklin pallet, inc was initially approved for PPP Loan of amount $194,600, the current approved amount is $194,600. The loan was approved on 04/09/2020 by The Franklin Bank & Trust Company reported 34 jobs and $194,600 was used to fund payroll.

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

PPP Loan Search / KY / Franklin / Franklin pallet, inc

FRANKLIN PALLET, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FRANKLIN PALLET, INC

Borrower Address

116 Ogles Drive

Borrower City

Franklin

Borrower State

KY

Borrower Zip

42134-1340

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194600.00

Current Approval Amount

194600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

SIMPSON

Project State

KY

Project Zip

42134-1340

CD

KY-01

Jobs Reported

34

NAICS Code

321920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26150.00

Payroll Proceed

145950.00

Mortgage Interest Proceed

0.00

Rent Proceed

22500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195767.60

Forgiveness Date

11/17/2020

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