FRANKLIN FIBRE-LAMITEX CORP. (DE) - 2020 PPP Loan Borrower Profile (# 7125077010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FRANKLIN FIBRE-LAMITEX CORP.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

7125077010

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$554,885

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$433,908.52

Date Loan was Forgiven

Dec 8, 2020

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

554,885

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

326130

Borrower Location

WILMINGTON, DE

Project Location

WILMINGTON, DE

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.