PPP Loan information for Franz inc

$20,942

Franz inc was initially approved for PPP Loan of amount $20,942, the current approved amount is $20,942. The loan was approved on 04/10/2020 by The Machias Savings Bank reported 2 jobs and $20,942 was used to fund payroll.

Franz inc is Existing or more than 2 years old

FRANZ INC

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FRANZ INC

Borrower Address

45 Fire Rd

Borrower City

JONESPORT

Borrower State

ME

Borrower Zip

04649-3416

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20942.00

Current Approval Amount

20942.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JONESPORT

Project County Name

WASHINGTON

Project State

ME

Project Zip

04649-3416

CD

ME-02

Jobs Reported

2

NAICS Code

114112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20942.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21113.61

Forgiveness Date

02/10/2021

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