PPP Loan information for Franks electrical, inc

$36,250

Franks electrical, inc was initially approved for PPP Loan of amount $36,250, the current approved amount is $36,250. The loan was approved on 04/28/2020 by The Security Federal Bank reported 8 jobs and $36,250 was used to fund payroll.

Franks electrical, inc is Existing or more than 2 years old

PPP Loan Search / SC / AIKEN / Franks electrical, inc

FRANKS ELECTRICAL, INC

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

FRANKS ELECTRICAL, INC

Borrower Address

234 TEAL CT

Borrower City

AIKEN

Borrower State

SC

Borrower Zip

29803-6405

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36250.00

Current Approval Amount

36250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88630

Servicing Lender Name

Security Federal Bank

Servicing Lender Address

238 Richland Ave NW

Servicing Lender City

AIKEN

Servicing Lender State

SC

Servicing Lender Zip

29801-3866

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AIKEN

Project County Name

AIKEN

Project State

SC

Project Zip

29803-6405

CD

SC-02

Jobs Reported

8

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36250.00

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

Subchapter S Corporation

Originating Lender Location Id

88630

Originating Lender

Security Federal Bank

Originating Lender City

AIKEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

36433.26

Forgiveness Date

11/05/2020

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