PPP Loan information for Franks restaurant inc

$152,500

Franks restaurant inc was initially approved for PPP Loan of amount $152,500, the current approved amount is $152,500. The loan was approved on 04/28/2020 by The Ameris Bank reported 17 jobs and $152,500 was used to fund payroll.

Franks restaurant inc is Existing or more than 2 years old

PPP Loan Search / GA / COVINGTON / Franks restaurant inc

FRANKS RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FRANKS RESTAURANT INC

Borrower Address

11818 Highway 212

Borrower City

COVINGTON

Borrower State

GA

Borrower Zip

30014

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152500.00

Current Approval Amount

152500.00

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

30014-0200

CD

GA-10

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30500.00

Payroll Proceed

122000.00

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

153339.79

Forgiveness Date

11/25/2020

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