Date Approved
04/11/2020
SBA Office Code
0165
Processing Method
PPP
Borrower Name
FRANLART NURSERIES INC.
Borrower Address
120 Willow Avenue
Borrower City
LITTLE COMPTON
Borrower State
RI
Borrower Zip
02837-1535
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
18430.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
32784
Servicing Lender Name
BayCoast Bank
Servicing Lender Address
330 Swansea Mall Dr
Servicing Lender City
SWANSEA
Servicing Lender State
MA
Servicing Lender Zip
02777-4112
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NEWPORT
Project State
Project Zip
CD
RI-01
Jobs Reported
4
NAICS Code
424930
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
14522.59
Forgiveness Date
12/14/2020