PPP Loan information for Freeman electric llc

$1,157,496

Freeman electric llc was initially approved for PPP Loan of amount $1,157,496, the current approved amount is $1,157,496. The loan was approved on 03/27/2021 by The Truist Bank reported 136 jobs and $1,157,496 was used to fund payroll.

Freeman electric llc is Existing or more than 2 years old

FREEMAN ELECTRIC LLC

Date Approved

03/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FREEMAN ELECTRIC LLC

Borrower Address

111 Trail One Ste 200

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215-5672

Loan Status Date

04/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1157495.65

Current Approval Amount

1157495.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-5672

CD

NC-04

Jobs Reported

136

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1157493.65

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1179970.36

Forgiveness Date

02/28/2023

;