Date Approved
04/27/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
FREEDOM INDUSTRIES, INC.
Borrower Address
4000 East Old Spring Hope Road
Borrower City
Rocky Mount
Borrower State
NC
Borrower Zip
27804
Loan Status Date
12/11/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1856300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
438379
Servicing Lender Name
Providence Bank
Servicing Lender Address
450 N Winstead Ave
Servicing Lender City
ROCKY MOUNT
Servicing Lender State
Servicing Lender Zip
27804-2229
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NASH
Project State
Project Zip
27804-0001
CD
NC-01
Jobs Reported
143
NAICS Code
238220
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7000.00
Payroll Proceed
1669300.00
Mortgage Interest Proceed
Rent Proceed
50000.00
Refinance EIDL Proceed
Health Care Proceed
130000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1866369.79
Forgiveness Date
11/19/2020