PPP Loan information for Franklin's budget car sales, inc.

$488,942

Franklin's budget car sales, inc. was initially approved for PPP Loan of amount $488,942, the current approved amount is $488,942. The loan was approved on 04/11/2020 by The Ally Bank reported 50 jobs and $488,942 was used to fund payroll.

Franklin's budget car sales, inc. is Existing or more than 2 years old

PPP Loan Search / GA / STATESBORO / Franklin's budget car sales, inc.

FRANKLIN'S BUDGET CAR SALES, INC.

Date Approved

04/11/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FRANKLIN'S BUDGET CAR SALES, INC.

Borrower Address

500 Commerce Dr

Borrower City

STATESBORO

Borrower State

GA

Borrower Zip

30461-5818

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488942.00

Current Approval Amount

488942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426652

Servicing Lender Name

Ally Bank

Servicing Lender Address

200 W Civic Center Dr

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4207

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESBORO

Project County Name

BULLOCH

Project State

GA

Project Zip

30461-5818

CD

GA-12

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488942.00

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

426652

Originating Lender

Ally Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

492663.39

Forgiveness Date

01/20/2021

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