PPP Loan information for Franchi management corp

$372,038

Franchi management corp was initially approved for PPP Loan of amount $372,038, the current approved amount is $372,038. The loan was approved on 04/29/2020 by The Rockland Trust Company reported 34 jobs and $372,038 was used to fund payroll.

Franchi management corp is New Business or 2 years or less

FRANCHI MANAGEMENT CORP

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FRANCHI MANAGEMENT CORP

Borrower Address

182 WEST CENTRAL ST

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372038.00

Current Approval Amount

372038.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-0001

CD

MA-05

Jobs Reported

34

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372038.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

375882.39

Forgiveness Date

05/13/2021

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