PPP Loan information for Freerateupdate.com llc

$586,920

Freerateupdate.com llc was initially approved for PPP Loan of amount $586,920, the current approved amount is $586,920. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 47 jobs and $586,920 was used to fund payroll.

Freerateupdate.com llc is New Business or 2 years or less

FREERATEUPDATE.COM LLC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FREERATEUPDATE.COM LLC

Borrower Address

5 CHRISTY DR STE 204

Borrower City

CHADDS FORD

Borrower State

PA

Borrower Zip

19317-9674

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586920.00

Current Approval Amount

586920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHADDS FORD

Project County Name

CHESTER

Project State

PA

Project Zip

19317-9674

CD

PA-05

Jobs Reported

47

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586920.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

474539.84

Forgiveness Date

03/10/2021

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