Franklin Welding Service, Inc.

$450,000 PPP Loan in Kingsville, Texas

Loan Details

Loan Number
1761907101
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$450,000
Current Approval
$450,000
Forgiveness Amount
$452,416
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Franklin Welding Service, Inc.
Address
1710 Young Dr
State
Texas
ZIP Code
78364-0511
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$425,000
Utilities
$15,000
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Kleberg Bank, National Association
Originating Lender
Kleberg Bank, National Association

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