Franklin Electric Cooperative
$595,476 PPP Loan in Russellville, Alabama
Loan Details
- Loan Number
- 6817827409
- Date Approved
- May 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $595,476
- Current Approval
- $595,476
- Forgiveness Amount
- $601,497
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Franklin Electric Cooperative
- Address
- 531 Gandy St
- City
- Russellville
- State
- Alabama
- ZIP Code
- 35653-1965
- Business Type
- Cooperative
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $7.9M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $446,607
- Utilities
- $59,548
- Mortgage Interest
- $89,321
Lender Information
- Servicing Lender
- First Metro Bank
- Originating Lender
- First Metro Bank
Other PPP Loans in Russellville, AL
| Business | Approved | |
|---|---|---|
| Ihp Operations , LLC | $7,597,000 |  Research |
| General Southern Industries, Inc. | $5,200,470 | Research |
| Innovative Hearth Products, LLC | $2,701,500 | Research |
| Russellville Hospital, Inc. | $2,176,000 | Research |
| Innovative Hearth Products LLC | $2,000,000 | Research |
Want to research this company further?
Try NewBizBot free