# PPP loan: FRANKLIN PALLET, INC
> **$195K** approved 04/09/2020 · Paid in Full · Loan `9596667005`
## Borrower
- **Name:** FRANKLIN PALLET, INC
- **Address:** 116 Ogles Drive, Franklin, KY, 42134-1340
- **NAICS:** 321920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $23K
- **Utilities:** $26K
- **Jobs reported:** 34
## Lender
- **Originating:** Franklin Bank & Trust Company
- **Servicing:** Franklin Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*