# PPP loan: FRANKLIN LOAN CORPORATION
> **$2.60M** approved 04/14/2020 · Paid in Full · Loan `7809307106`
## Borrower
- **Name:** FRANKLIN LOAN CORPORATION
- **Address:** 44800 Village Court, PALM DESERT, CA, 92260-9999
- **NAICS:** 522310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $2.64M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 143
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*