Franklin Management, INC
$249,000 PPP Loan in Somerset, Kentucky
Loan Details
- Loan Number
- 7316157002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $249,000
- Current Approval
- $249,000
- Forgiveness Amount
- $251,947
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Franklin Management, INC
- Address
- 650 S Highway 27 Suite 5
- City
- Somerset
- State
- Kentucky
- ZIP Code
- 42501-3501
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Real Estate and Rental and Leasing (531120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 17
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- KY-05
Loan Use Breakdown
- Payroll
- $215,000
- Rent
- $3,000
- Utilities
- $3,000
- Health Care
- $2,200
- Debt Interest
- $25,800
Lender Information
- Servicing Lender
- The Citizens National Bank of Somerset
- Originating Lender
- The Citizens National Bank of Somerset
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