PPP Loan information for Freedom industries, inc.

$1,856,300

Freedom industries, inc. was initially approved for PPP Loan of amount $1,856,300, the current approved amount is $1,856,300. The loan was approved on 04/27/2020 by The Providence Bank reported 143 jobs and $1,856,300 was used to fund payroll.

Freedom industries, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Rocky Mount / Freedom industries, inc.

FREEDOM INDUSTRIES, INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FREEDOM INDUSTRIES, INC.

Borrower Address

4000 East Old Spring Hope Road

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27804

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1856300.00

Current Approval Amount

1856300.00

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

27804-0001

CD

NC-01

Jobs Reported

143

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

1669300.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

130000.00

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

1866369.79

Forgiveness Date

11/19/2020

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