PPP Loan information for Freedom oil company

$882,200

Freedom oil company was initially approved for PPP Loan of amount $882,200, the current approved amount is $882,200. The loan was approved on 04/09/2020 by The Commerce Bank reported 189 jobs and $882,200 was used to fund payroll.

Freedom oil company is Existing or more than 2 years old

PPP Loan Search / IL / BLOOMINGTON / Freedom oil company

FREEDOM OIL COMPANY

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FREEDOM OIL COMPANY

Borrower Address

814 West Chestnut Street

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61701-2816

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

882200.00

Current Approval Amount

882200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MCLEAN

Project State

IL

Project Zip

61701-2816

CD

IL-17

Jobs Reported

189

NAICS Code

447110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

25000.00

Payroll Proceed

850000.00

Mortgage Interest Proceed

7200.00

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

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

889772.22

Forgiveness Date

02/18/2021

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