Freedom Rain INC

$685,800 PPP Loan in Birmingham, Alabama

Loan Details

Loan Number
5612537004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$685,800
Current Approval
$685,800
Forgiveness Amount
$695,077
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Freedom Rain INC
Address
7916 2nd Ave South
State
Alabama
ZIP Code
35206-3804
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (813219)
Business Age
Existing or more than 2 years old
Jobs Reported
169
Estimated Revenue
$32.3M
Rural/Urban
Urban
Congressional District
AL-07

Loan Use Breakdown

Payroll
$590,000
Utilities
$93,000
Debt Interest
$2,800

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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