PPP Loan information for Frankart electric, l.l.c.

$290,672

Frankart electric, l.l.c. was initially approved for PPP Loan of amount $290,672, the current approved amount is $290,672. The loan was approved on 04/05/2020 by The The Old Fort Banking Company reported 21 jobs and $290,672 was used to fund payroll.

Frankart electric, l.l.c. is Existing or more than 2 years old

PPP Loan Search / OH / FOSTORIA / Frankart electric, l.l.c.

FRANKART ELECTRIC, L.L.C.

Date Approved

04/05/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FRANKART ELECTRIC, L.L.C.

Borrower Address

550 E ZELLER RD

Borrower City

FOSTORIA

Borrower State

OH

Borrower Zip

44830-3230

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290672.00

Current Approval Amount

290672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57998

Servicing Lender Name

The Old Fort Banking Company

Servicing Lender Address

8034 Main St

Servicing Lender City

OLD FORT

Servicing Lender State

OH

Servicing Lender Zip

44861

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOSTORIA

Project County Name

HANCOCK

Project State

OH

Project Zip

44830-3230

CD

OH-05

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

58134.00

Payroll Proceed

232538.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57998

Originating Lender

The Old Fort Banking Company

Originating Lender City

OLD FORT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292771.30

Forgiveness Date

12/30/2020

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