# PPP loan: FRANKLIN ELECTROFLUID COMPANY, INC
> **$515K** approved 04/08/2020 · Paid in Full · Loan `7882617003`
## Borrower
- **Name:** FRANKLIN ELECTROFLUID COMPANY, INC
- **Address:** 3854 Watman Avenue, MEMPHIS, TN, 38118-6043
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Jobs reported:** 46
## Lender
- **Originating:** Renasant Bank
- **Servicing:** Renasant Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*