PPP Loan information for Franklin press inc

$1,038,640

Franklin press inc was initially approved for PPP Loan of amount $1,038,640, the current approved amount is $1,038,640. The loan was approved on 01/20/2021 by The Loan Source Incorporated reported 64 jobs and $1,038,640 was used to fund payroll.

Franklin press inc is Existing or more than 2 years old

FRANKLIN PRESS INC

Date Approved

01/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

FRANKLIN PRESS INC

Borrower Address

1391 Highland Rd

Borrower City

Baton Rouge

Borrower State

LA

Borrower Zip

70802-7520

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1038640.27

Current Approval Amount

1038640.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baton Rouge

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70802-7520

CD

LA-02

Jobs Reported

64

NAICS Code

323111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1038637.27

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1046323.36

Forgiveness Date

10/20/2021

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