Franklin Fastener Company
$440,195 PPP Loan in Redford, Michigan
Loan Details
- Loan Number
- 3069927709
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $440,195
- Current Approval
- $440,195
- Forgiveness Amount
- $445,120
- Forgiveness Date
- Jun 17, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Franklin Fastener Company
- Address
- 12701 Beech Daly Rd
- City
- Redford
- State
- Michigan
- ZIP Code
- 48239
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332618)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $7.1M
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $352,805
- Rent
- $15,000
- Utilities
- $15,600
- Health Care
- $50,290
- Debt Interest
- $6,500
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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