# PPP loan: FRANKLIN SURPLUS INC
> **$226K** approved 01/31/2021 · Paid in Full · Loan `9992188306`
## Borrower
- **Name:** FRANKLIN SURPLUS INC
- **Address:** 305 S County Road 750 W, North Vernon, IN, 47265-7402
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*