PPP Loan information for Franklin rubber resources llc

$262,582

Franklin rubber resources llc was initially approved for PPP Loan of amount $262,582, the current approved amount is $262,582. The loan was approved on 04/14/2020 by The Progressive Bank reported 29 jobs and $262,582 was used to fund payroll.

Franklin rubber resources llc is Existing or more than 2 years old

FRANKLIN RUBBER RESOURCES LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

FRANKLIN RUBBER RESOURCES LLC

Borrower Address

3000 INDUSTRIAL DR

Borrower City

WINNSBORO

Borrower State

LA

Borrower Zip

71295-6480

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262582.28

Current Approval Amount

262582.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINNSBORO

Project County Name

FRANKLIN

Project State

LA

Project Zip

71295-6480

CD

LA-05

Jobs Reported

29

NAICS Code

326291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262582.28

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264639.17

Forgiveness Date

01/26/2021

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