PPP Loan information for Franklin merchantile co

$49,000

Franklin merchantile co was initially approved for PPP Loan of amount $49,000, the current approved amount is $49,000. The loan was approved on 01/25/2021 by The Regions Bank reported 10 jobs and $49,000 was used to fund payroll.

Franklin merchantile co is Existing or more than 2 years old

PPP Loan Search / TN / Franklin / Franklin merchantile co

FRANKLIN MERCHANTILE CO

Date Approved

01/25/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

FRANKLIN MERCHANTILE CO

Borrower Address

100 4th Ave N

Borrower City

Franklin

Borrower State

TN

Borrower Zip

37064-2602

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49000.00

Current Approval Amount

49000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

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

37064-2602

CD

TN-07

Jobs Reported

10

NAICS Code

722513

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49000.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49598.74

Forgiveness Date

04/26/2022

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