PPP Loan information for The franklin academy, incorporated

$706,600

The franklin academy, incorporated was initially approved for PPP Loan of amount $706,600, the current approved amount is $706,600. The loan was approved on 04/09/2020 by The Liberty Bank reported 56 jobs and $706,600 was used to fund payroll.

The franklin academy, incorporated is Existing or more than 2 years old

THE FRANKLIN ACADEMY, INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE FRANKLIN ACADEMY, INCORPORATED

Borrower Address

140 RIVER RD

Borrower City

EAST HADDAM

Borrower State

CT

Borrower Zip

06423-1403

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

706600.00

Current Approval Amount

706600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST HADDAM

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06423-1403

CD

CT-02

Jobs Reported

56

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

706600.00

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

Non-Profit Organization

Originating Lender Location Id

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

714156.69

Forgiveness Date

05/13/2021

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