PPP borrower record
FRANCHISE MANAGEMENT SERVICES INC PPP loan record
Public SBA PPP loan record for FRANCHISE MANAGEMENT SERVICES INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$857,200
Approved amount
$862,391
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
FRANCHISE MANAGEMENT SERVICES INC
Loan number
7547627009
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Ocean City
Borrower state
Maryland
Borrower ZIP
21842
Jobs reported
78
Loan status
Paid in Full
Forgiveness date
2020-11-25
Servicing lender
Truist Bank d/b/a Branch Banking & Trust Co
Originating lender
Truist Bank d/b/a Branch Banking & Trust Co
Reported use of proceeds
Payroll
$857,200
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.