PPP Loan information for Franklin products, inc.

$2,620,700

Franklin products, inc. was initially approved for PPP Loan of amount $2,620,700, the current approved amount is $2,620,700. The loan was approved on 04/27/2020 by The New Valley Bank & Trust reported 180 jobs and $2,620,700 was used to fund payroll.

Franklin products, inc. is Existing or more than 2 years old

PPP Loan Search / CT / TORRINGTON / Franklin products, inc.

FRANKLIN PRODUCTS, INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

FRANKLIN PRODUCTS, INC.

Borrower Address

153 WATER ST

Borrower City

TORRINGTON

Borrower State

CT

Borrower Zip

06790-5339

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2620700.00

Current Approval Amount

2620700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TORRINGTON

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06790-5339

CD

CT-05

Jobs Reported

180

NAICS Code

336413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2620700.00

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

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1867660.79

Forgiveness Date

01/21/2021

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