# PPP loan: FRANKLIN INSURANCE AGENCY, INC.
> **$368K** approved 04/09/2020 · Paid in Full · Loan `9714257002`
## Borrower
- **Name:** FRANKLIN INSURANCE AGENCY, INC.
- **Address:** 12584 Augusta Road, Lavonia, GA, 30553-1024
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $264K
- **Rent:** $37K
- **Utilities:** $37K
- **Health care:** $31K
- **Jobs reported:** 27
## Lender
- **Originating:** Northeast Georgia Bank
- **Servicing:** Northeast Georgia Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*