PPP Loan information for Freedom xpress inc.

$702,100

Freedom xpress inc. was initially approved for PPP Loan of amount $702,100, the current approved amount is $702,100. The loan was approved on 04/11/2020 by The First National Bank reported 93 jobs and $702,100 was used to fund payroll.

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

FREEDOM XPRESS INC.

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FREEDOM XPRESS INC.

Borrower Address

510 Wilson Street Suite 4

Borrower City

BREWER

Borrower State

ME

Borrower Zip

04412-1420

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

702100.00

Current Approval Amount

702100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29647

Servicing Lender Name

First National Bank

Servicing Lender Address

223 Main St

Servicing Lender City

DAMARISCOTTA

Servicing Lender State

ME

Servicing Lender Zip

04543-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREWER

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04412-1420

CD

ME-02

Jobs Reported

93

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

87762.50

Payroll Proceed

526575.00

Mortgage Interest Proceed

0.00

Rent Proceed

87762.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29647

Originating Lender

First National Bank

Originating Lender City

DAMARISCOTTA

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

709140.50

Forgiveness Date

04/12/2021

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