PPP Loan information for The franchising company, llc

$26,000

The franchising company, llc was initially approved for PPP Loan of amount $41,667, the current approved amount is $26,000. The loan was approved on 04/29/2020 by The United Midwest Savings Bank, National Association reported 2 jobs and $26,000 was used to fund payroll.

The franchising company, llc is Existing or more than 2 years old

THE FRANCHISING COMPANY, LLC

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE FRANCHISING COMPANY, LLC

Borrower Address

4548 LAKE FOREST DR

Borrower City

OWENSBORO

Borrower State

KY

Borrower Zip

42303-4431

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41667.00

Current Approval Amount

26000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85712

Servicing Lender Name

United Midwest Savings Bank, National Association

Servicing Lender Address

101 S Main St

Servicing Lender City

DE GRAFF

Servicing Lender State

OH

Servicing Lender Zip

43318

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWENSBORO

Project County Name

DAVIESS

Project State

KY

Project Zip

42303-4431

CD

KY-02

Jobs Reported

2

NAICS Code

533110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

85712

Originating Lender

United Midwest Savings Bank, National Association

Originating Lender City

DE GRAFF

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26243.39

Forgiveness Date

04/08/2021

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