PPP Loan information for Franks transmission service, inc.

$77,900

Franks transmission service, inc. was initially approved for PPP Loan of amount $77,900, the current approved amount is $77,900. The loan was approved on 04/27/2020 by The First State Bank reported 6 jobs and $77,900 was used to fund payroll.

Franks transmission service, inc. is Existing or more than 2 years old

FRANKS TRANSMISSION SERVICE, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANKS TRANSMISSION SERVICE, INC.

Borrower Address

3473 COUNTY LINE

Borrower City

CASCO

Borrower State

MI

Borrower Zip

48064

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77900.00

Current Approval Amount

77900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CASCO

Project County Name

SAINT CLAIR

Project State

MI

Project Zip

48064-0899

CD

MI-09

Jobs Reported

6

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

77900.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78442.10

Forgiveness Date

01/08/2021

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