PPP Loan information for Franklin home for the aged association

$362,500

Franklin home for the aged association was initially approved for PPP Loan of amount $305,700, the current approved amount is $362,500. The loan was approved on 04/14/2020 by The Merrimack County Savings Bank reported 45 jobs and $362,500 was used to fund payroll.

Franklin home for the aged association is Existing or more than 2 years old

PPP Loan Search / NH / FRANKLIN / Franklin home for the aged association

FRANKLIN HOME FOR THE AGED ASSOCIATION

Date Approved

04/14/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

FRANKLIN HOME FOR THE AGED ASSOCIATION

Borrower Address

24 PEABODY PL

Borrower City

FRANKLIN

Borrower State

NH

Borrower Zip

03235-1607

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

305700.00

Current Approval Amount

362500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

MERRIMACK

Project State

NH

Project Zip

03235-1607

CD

NH-02

Jobs Reported

45

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

362500.00

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

Non-Profit Organization

Originating Lender Location Id

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

365539.04

Forgiveness Date

02/25/2021

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