# PPP loan: FRANKLIN IRON & METAL CO INC
> **$355K** approved 04/10/2020 · Paid in Full · Loan `1755967101`
## Borrower
- **Name:** FRANKLIN IRON & METAL CO INC
- **Address:** 120 SOUTH AVE, BATTLE CREEK, MI, 49014-4136
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $355K
- **Initial approval:** $355K
- **Forgiven:** $360K (101%)
- **Forgiveness date:** 08/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $355K
- **Jobs reported:** 40
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*