PPP Loan information for Franwood farms, inc.

$62,500

Franwood farms, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/07/2020 by The The First Bank and Trust Company reported 7 jobs and $62,500 was used to fund payroll.

Franwood farms, inc. is Existing or more than 2 years old

PPP Loan Search / VA / NEW MARKET / Franwood farms, inc.

FRANWOOD FARMS, INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FRANWOOD FARMS, INC.

Borrower Address

9700 South CONGRESS ST

Borrower City

NEW MARKET

Borrower State

VA

Borrower Zip

22844-9447

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW MARKET

Project County Name

SHENANDOAH

Project State

VA

Project Zip

22844-9447

CD

VA-06

Jobs Reported

7

NAICS Code

112320

Race

White

Ethnicity

Not Hispanic or Latino

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

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62996.53

Forgiveness Date

02/02/2021

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