FRANKLIN ELECTRIC COOPERATIVE

Summary of PPP (Paycheck Protection Program) Loan approved to FRANKLIN ELECTRIC COOPERATIVE by First Metro Bank. The loan was approved on 5/15/2020 in the range of $350,000-1 million.

Business Information

Name:	FRANKLIN ELECTRIC COOPERATIVE 531 GANDY ST RUSSELLVILLE, AL 35653
Business type:	Cooperative Specialty Trade Contractors → Electrical Contractors and Other Wiring Installation Contractors
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	May 15, 2020
Lender	First Metro Bank

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.