PPP borrower record

FRANKLIN ELECTRIC COOPERATIVE PPP loan record

Public SBA PPP loan record for FRANKLIN ELECTRIC COOPERATIVE. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$595,476
Approved amount
$601,497
Forgiven amount
2020-05-15
Date approved

Borrower and loan details

Borrower
FRANKLIN ELECTRIC COOPERATIVE
Loan number
6817827409
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
Russellville
Borrower state
Alabama
Borrower ZIP
35653
Jobs reported
24
Loan status
Paid in Full
Forgiveness date
2021-05-21
Servicing lender
First Metro Bank
Originating lender
First Metro Bank

Reported use of proceeds

Payroll
$446,607
Rent
N/A
Utilities
$59,548
Mortgage interest
$89,321
Health care
N/A
Debt interest
N/A

Location pages

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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.