PPP Loan information for Freeman electric llc

$1,160,000

Freeman electric llc was initially approved for PPP Loan of amount $1,160,000, the current approved amount is $1,160,000. The loan was approved on 04/11/2020 by The Truist Bank reported 143 jobs and $1,160,000 was used to fund payroll.

Freeman electric llc is Existing or more than 2 years old

FREEMAN ELECTRIC LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FREEMAN ELECTRIC LLC

Borrower Address

111 TRAIL ONE

Borrower City

BURLINGTON

Borrower State

NC

Borrower Zip

27215-5672

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1160000.00

Current Approval Amount

1160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-5672

CD

NC-04

Jobs Reported

143

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1160000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1175144.44

Forgiveness Date

08/05/2021

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