PPP Loan information for The franklin institute

$2,000,000

The franklin institute was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/13/2021 by The PNC Bank, National Association reported 96 jobs and $2,000,000 was used to fund payroll.

The franklin institute is Existing or more than 2 years old

THE FRANKLIN INSTITUTE

Date Approved

03/13/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

THE FRANKLIN INSTITUTE

Borrower Address

222 N 20th St 222 North 20th Street

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19103-1115

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19103-1115

CD

PA-03

Jobs Reported

96

NAICS Code

712110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2019500.00

Forgiveness Date

03/04/2022

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