PPP Loan information for Freedom industries inc

$1,896,577

Freedom industries inc was initially approved for PPP Loan of amount $1,896,577, the current approved amount is $1,896,577. The loan was approved on 01/22/2021 by The Providence Bank reported 143 jobs and $1,896,577 was used to fund payroll.

Freedom industries inc is Existing or more than 2 years old

FREEDOM INDUSTRIES INC

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FREEDOM INDUSTRIES INC

Borrower Address

4000 E Old Spring Hope Rd

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27804-7727

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1896577.00

Current Approval Amount

1896577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438379

Servicing Lender Name

Providence Bank

Servicing Lender Address

450 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2229

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Mount

Project County Name

NASH

Project State

NC

Project Zip

27804-7727

CD

NC-01

Jobs Reported

143

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1896575.00

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

438379

Originating Lender

Providence Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1912165.30

Forgiveness Date

11/24/2021

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