# PPP loan: FRANKLIN AND SON INC.
> **$490K** approved 01/23/2021 · Paid in Full · Loan `4696228308`
## Borrower
- **Name:** FRANKLIN AND SON INC.
- **Address:** 12382 W Highway 62, Farmington, AR, 72730-8654
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $490K
- **Initial approval:** $490K
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 05/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $490K
- **Jobs reported:** 50
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*