PPP Loan information for Franklin press inc

$327,114

Franklin press inc was initially approved for PPP Loan of amount $327,114, the current approved amount is $327,114. The loan was approved on 02/04/2021 by The Choice Financial Group reported 27 jobs and $327,114 was used to fund payroll.

Franklin press inc is Existing or more than 2 years old

FRANKLIN PRESS INC

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FRANKLIN PRESS INC

Borrower Address

2545 Fernbrook Ln N

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55447-4927

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327114.00

Current Approval Amount

327114.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55447-4927

CD

MN-03

Jobs Reported

27

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327112.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331962.46

Forgiveness Date

08/04/2022

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