# PPP loan: FRANZEN PROPERTY AND FREIGHT INC
> **$332K** approved 04/10/2020 · Paid in Full · Loan `1195357107`
## Borrower
- **Name:** FRANZEN PROPERTY AND FREIGHT INC
- **Address:** 1323 South Sneed Avenue, Tyler, TX, 75701
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $334K (100%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 40
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*