PPP Loan information for Franklin tire & auto

$223,500

Franklin tire & auto was initially approved for PPP Loan of amount $223,500, the current approved amount is $223,500. The loan was approved on 04/07/2020 by The River Bank & Trust reported 26 jobs and $223,500 was used to fund payroll.

Franklin tire & auto is Existing or more than 2 years old

FRANKLIN TIRE & AUTO

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FRANKLIN TIRE & AUTO

Borrower Address

1975 East UNIVERSITY DR

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36830-5229

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223500.00

Current Approval Amount

223500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN

Project County Name

LEE

Project State

AL

Project Zip

36830-5229

CD

AL-03

Jobs Reported

26

NAICS Code

441320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223500.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224915.50

Forgiveness Date

11/30/2020

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