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 04/15/2020 by The ChoiceOne Bank reported 5 jobs and $94,536 was used to fund payroll.

Freedom automation inc is New Business or 2 years or less

FREEDOM AUTOMATION INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FREEDOM AUTOMATION INC

Borrower Address

8257 SHAW RD

Borrower City

IMLAY CITY

Borrower State

MI

Borrower Zip

48444-9436

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

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

New Business or 2 years or less

Project City

IMLAY CITY

Project County Name

LAPEER

Project State

MI

Project Zip

48444-9436

CD

MI-09

Jobs Reported

5

NAICS Code

334111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9454.00

Payroll Proceed

69144.00

Mortgage Interest Proceed

9454.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6484.00

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

95209.41

Forgiveness Date

01/11/2021

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