PPP Loan information for Franks of brockton inc

$554,327

Franks of brockton inc was initially approved for PPP Loan of amount $554,327, the current approved amount is $554,327. The loan was approved on 02/24/2021 by The Rockland Trust Company reported 108 jobs and $554,327 was used to fund payroll.

Franks of brockton inc is Existing or more than 2 years old

PPP Loan Search / MA / Brockton / Franks of brockton inc

FRANKS OF BROCKTON INC

Date Approved

02/24/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FRANKS OF BROCKTON INC

Borrower Address

265 N Pearl St

Borrower City

Brockton

Borrower State

MA

Borrower Zip

02301-1717

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554327.20

Current Approval Amount

554327.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brockton

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-1717

CD

MA-08

Jobs Reported

108

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

554322.20

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

559131.37

Forgiveness Date

01/04/2022

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