PPP Loan information for Franktronics inc.

$62,500

Franktronics inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 02/04/2021 by The Chesapeake Bank reported 10 jobs and $62,500 was used to fund payroll.

Franktronics inc. is Existing or more than 2 years old

PPP Loan Search / VA / Hayes / Franktronics inc.

FRANKTRONICS INC.

Date Approved

02/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FRANKTRONICS INC.

Borrower Address

3618 George Washington Memorial Hwy

Borrower City

Hayes

Borrower State

VA

Borrower Zip

23072-3040

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hayes

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-3040

CD

VA-01

Jobs Reported

10

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62500.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62843.75

Forgiveness Date

08/27/2021

;