PPP Loan information for Freedom electric inc.

$297,575

Freedom electric inc. was initially approved for PPP Loan of amount $297,575, the current approved amount is $297,575. The loan was approved on 01/31/2021 by The Farmers Bank reported 34 jobs and $297,575 was used to fund payroll.

Freedom electric inc. is Existing or more than 2 years old

FREEDOM ELECTRIC INC.

Date Approved

01/31/2021

SBA Office Code

1087

Processing Method

PPS

Borrower Name

FREEDOM ELECTRIC INC.

Borrower Address

9 S 200 E

Borrower City

Jerome

Borrower State

ID

Borrower Zip

83338-5433

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297575.00

Current Approval Amount

297575.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20139

Servicing Lender Name

Farmers Bank

Servicing Lender Address

914 Main St

Servicing Lender City

BUHL

Servicing Lender State

ID

Servicing Lender Zip

83316-1238

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jerome

Project County Name

JEROME

Project State

ID

Project Zip

83338-5433

CD

ID-02

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

297569.00

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

20139

Originating Lender

Farmers Bank

Originating Lender City

BUHL

Originating Lender State

ID

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

300094.20

Forgiveness Date

12/09/2021

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