PPP Loan information for Franklin iron works inc.

$787,500

Franklin iron works inc. was initially approved for PPP Loan of amount $787,500, the current approved amount is $787,500. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 75 jobs and $787,500 was used to fund payroll.

Franklin iron works inc. is Existing or more than 2 years old

PPP Loan Search / AL / THORSBY / Franklin iron works inc.

FRANKLIN IRON WORKS INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FRANKLIN IRON WORKS INC.

Borrower Address

146 Tommie Drive

Borrower City

THORSBY

Borrower State

AL

Borrower Zip

35171-7722

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

787500.00

Current Approval Amount

787500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THORSBY

Project County Name

CHILTON

Project State

AL

Project Zip

35171-7722

CD

AL-06

Jobs Reported

75

NAICS Code

331511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

60000.00

Payroll Proceed

725100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2400.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795812.50

Forgiveness Date

04/29/2021

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