PPP Loan information for Freedom automation inc

$94,536

Freedom automation inc was initially approved for PPP Loan of amount $94,536, the current approved amount is $94,536. The loan was approved on 01/21/2021 by The ChoiceOne Bank reported 8 jobs and $94,536 was used to fund payroll.

Freedom automation inc is Existing or more than 2 years old

PPP Loan Search / MI / Imlay City / Freedom automation inc

FREEDOM AUTOMATION INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FREEDOM AUTOMATION INC

Borrower Address

8257 Shaw Rd

Borrower City

Imlay City

Borrower State

MI

Borrower Zip

48444-9436

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94536.00

Current Approval Amount

94536.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Imlay City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-9436

CD

MI-09

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

94534.00

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

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95131.71

Forgiveness Date

09/09/2021

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