PPP Loan information for Freedom ford, inc.

$1,492,700

Freedom ford, inc. was initially approved for PPP Loan of amount $1,492,700, the current approved amount is $1,492,700. The loan was approved on 04/09/2020 by The TowneBank reported 153 jobs and $1,492,700 was used to fund payroll.

Freedom ford, inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Freedom ford, inc.

FREEDOM FORD, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FREEDOM FORD, INC.

Borrower Address

7520 N. Military Hwy

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23518-4319

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1492700.00

Current Approval Amount

1492700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23518-4319

CD

VA-03

Jobs Reported

153

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1492700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1505636.73

Forgiveness Date

02/23/2021

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