PPP Loan information for Freeman motor company

$949,295

Freeman motor company was initially approved for PPP Loan of amount $949,295, the current approved amount is $949,295. The loan was approved on 01/22/2021 by The BMO Harris Bank National Association reported 54 jobs and $949,295 was used to fund payroll.

Freeman motor company is Existing or more than 2 years old

FREEMAN MOTOR COMPANY

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

FREEMAN MOTOR COMPANY

Borrower Address

7524 S Macadam Ave

Borrower City

Portland

Borrower State

OR

Borrower Zip

97219-3017

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

949295.00

Current Approval Amount

949295.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97219-3017

CD

OR-03

Jobs Reported

54

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

949293.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

954120.58

Forgiveness Date

08/02/2021

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