PPP Loan information for Franklin machine & gear corporation

$447,700

Franklin machine & gear corporation was initially approved for PPP Loan of amount $447,700, the current approved amount is $447,700. The loan was approved on 04/29/2020 by The Regions Bank reported 27 jobs and $447,700 was used to fund payroll.

Franklin machine & gear corporation is Existing or more than 2 years old

FRANKLIN MACHINE & GEAR CORPORATION

Date Approved

04/29/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

FRANKLIN MACHINE & GEAR CORPORATION

Borrower Address

5903 Frost Street,

Borrower City

Humble

Borrower State

TX

Borrower Zip

77396

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447700.00

Current Approval Amount

447700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Humble

Project County Name

HARRIS

Project State

TX

Project Zip

77396-1100

CD

TX-02

Jobs Reported

27

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

447700.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

440074.37

Forgiveness Date

11/19/2020

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