PPP Loan information for The franklin school of innovation, inc.

$693,574

The franklin school of innovation, inc. was initially approved for PPP Loan of amount $693,574, the current approved amount is $693,574. The loan was approved on 04/09/2020 by The First Horizon Bank reported 83 jobs and $693,574 was used to fund payroll.

The franklin school of innovation, inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / The franklin school of innovation, inc.

THE FRANKLIN SCHOOL OF INNOVATION, INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE FRANKLIN SCHOOL OF INNOVATION, INC.

Borrower Address

21 Innovation Drive

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28806-0039

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693574.00

Current Approval Amount

693574.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-0039

CD

NC-11

Jobs Reported

83

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551698.00

Mortgage Interest Proceed

34521.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80000.00

Debt Interest Proceed

27355

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

703476.70

Forgiveness Date

09/28/2021

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