PPP Loan information for Freda electric inc

$9,889

Freda electric inc was initially approved for PPP Loan of amount $9,889, the current approved amount is $9,889. The loan was approved on 03/10/2021 by The Northwest Bank reported 2 jobs and $9,889 was used to fund payroll.

Freda electric inc is Existing or more than 2 years old

PPP Loan Search / OH / Lorain / Freda electric inc

FREDA ELECTRIC INC

Date Approved

03/10/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FREDA ELECTRIC INC

Borrower Address

1124 W 7th St

Borrower City

Lorain

Borrower State

OH

Borrower Zip

44052-1461

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9888.67

Current Approval Amount

9888.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lorain

Project County Name

LORAIN

Project State

OH

Project Zip

44052-1461

CD

OH-05

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

9887.67

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

9941.23

Forgiveness Date

09/22/2021

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