PPP Loan information for Franks restaurant inc

$176,139

Franks restaurant inc was initially approved for PPP Loan of amount $176,139, the current approved amount is $176,139. The loan was approved on 02/23/2021 by The Ameris Bank reported 18 jobs and $176,139 was used to fund payroll.

Franks restaurant inc is Existing or more than 2 years old

FRANKS RESTAURANT INC

Date Approved

02/23/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

FRANKS RESTAURANT INC

Borrower Address

11818 Highway 212

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-7819

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176139.00

Current Approval Amount

176139.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19595

Servicing Lender Name

Ameris Bank

Servicing Lender Address

3490 Piedmont Rd NE, Ste 124

Servicing Lender City

ATLANTA

Servicing Lender State

GA

Servicing Lender Zip

30305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-7819

CD

GA-10

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176137.00

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

Corporation

Originating Lender Location Id

19595

Originating Lender

Ameris Bank

Originating Lender City

ATLANTA

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

177813.53

Forgiveness Date

02/09/2022

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