# PPP loan: FRANCO MANUFACTURING CO INC
> **$3.06M** approved 04/15/2020 · Paid in Full · Loan `8685837103`
## Borrower
- **Name:** FRANCO MANUFACTURING CO INC
- **Address:** 555 Prospect St, METUCHEN, NJ, 08840-0271
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.06M
- **Initial approval:** $3.06M
- **Forgiven:** $3.10M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.06M
- **Jobs reported:** 252
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*