PPP Loan information for Franchise development, inc.

$200,000

Franchise development, inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/05/2020 by The The Plains State Bank reported 31 jobs and $200,000 was used to fund payroll.

Franchise development, inc. is Existing or more than 2 years old

PPP Loan Search / KS / HUTCHINSON / Franchise development, inc.

FRANCHISE DEVELOPMENT, INC.

Date Approved

04/05/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

FRANCHISE DEVELOPMENT, INC.

Borrower Address

107 West 1st Avenue

Borrower City

HUTCHINSON

Borrower State

KS

Borrower Zip

67504-0798

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26348

Servicing Lender Name

The Plains State Bank

Servicing Lender Address

411 Grand Ave

Servicing Lender City

PLAINS

Servicing Lender State

KS

Servicing Lender Zip

67869

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

RENO

Project State

KS

Project Zip

67504-0798

CD

KS-01

Jobs Reported

31

NAICS Code

561421

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2568.00

Payroll Proceed

188515.00

Mortgage Interest Proceed

0.00

Rent Proceed

8917.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

26348

Originating Lender

The Plains State Bank

Originating Lender City

PLAINS

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201917.81

Forgiveness Date

03/31/2021

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