PPP Loan information for New freedom inc

$87,700

New freedom inc was initially approved for PPP Loan of amount $87,700, the current approved amount is $87,700. The loan was approved on 04/13/2020 by The First Bank & Trust reported 21 jobs and $87,700 was used to fund payroll.

New freedom inc is Existing or more than 2 years old

NEW FREEDOM INC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW FREEDOM INC

Borrower Address

1101 5th St North

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-1169

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87700.00

Current Approval Amount

87700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371-1169

CD

MN-08

Jobs Reported

21

NAICS Code

623220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87700.00

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

Corporation

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88659.83

Forgiveness Date

05/20/2021

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