PPP Loan information for Franssen motors inc

$224,122

Franssen motors inc was initially approved for PPP Loan of amount $224,122, the current approved amount is $224,122. The loan was approved on 04/13/2020 by The Heritage Bank reported 17 jobs and $224,122 was used to fund payroll.

Franssen motors inc is Existing or more than 2 years old

PPP Loan Search / WA / OAK HARBOR / Franssen motors inc

FRANSSEN MOTORS INC

Date Approved

04/13/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FRANSSEN MOTORS INC

Borrower Address

33345 STATE ROUTE 20

Borrower City

OAK HARBOR

Borrower State

WA

Borrower Zip

98277-8718

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

224122.00

Current Approval Amount

224122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK HARBOR

Project County Name

ISLAND

Project State

WA

Project Zip

98277-8718

CD

WA-02

Jobs Reported

17

NAICS Code

532412

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

224122.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

226879.01

Forgiveness Date

07/14/2021

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