Date Approved
04/27/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
FREEDOM ELECTECH INC
Borrower Address
521 Hwy 105 Ext Ste 3
Borrower City
Boone
Borrower State
NC
Borrower Zip
28607
Loan Status Date
02/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
178285.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
88741
Servicing Lender Name
LifeStore Bank
Servicing Lender Address
205 S Jefferson Ave
Servicing Lender City
WEST JEFFERSON
Servicing Lender State
Servicing Lender Zip
28694-9737
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WATAUGA
Project State
Project Zip
28607-0001
CD
NC-05
Jobs Reported
34
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
179587.47
Forgiveness Date
01/25/2021