PPP Loan information for Franklin auto acquisitions, inc.

$482,939

Franklin auto acquisitions, inc. was initially approved for PPP Loan of amount $482,939, the current approved amount is $482,939. The loan was approved on 04/10/2020 by The First Bank of Boaz reported 49 jobs and $482,939 was used to fund payroll.

Franklin auto acquisitions, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Franklin / Franklin auto acquisitions, inc.

FRANKLIN AUTO ACQUISITIONS, INC.

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FRANKLIN AUTO ACQUISITIONS, INC.

Borrower Address

1413 Murfreesboro Road

Borrower City

Franklin

Borrower State

TN

Borrower Zip

37067-5026

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482939.00

Current Approval Amount

482939.00

Undisbursed Amount

0.00

Franchise Name

Kia Dealer Sales and Service Agreement

Servicing Lender Location Id

1866

Servicing Lender Name

First Bank of Boaz

Servicing Lender Address

124 S Main St

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957-2002

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37067-5026

CD

TN-07

Jobs Reported

49

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12939.00

Payroll Proceed

440000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

1866

Originating Lender

First Bank of Boaz

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

486828.97

Forgiveness Date

02/03/2021

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