Freedom Industries, Inc.

$1,856,300 PPP Loan in Rocky Mount, North Carolina

Loan Details

Loan Number
5996807207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,856,300
Current Approval
$1,856,300
Forgiveness Amount
$1,866,370
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Freedom Industries, Inc.
Address
4000 East Old Spring Hope Road
ZIP Code
27804
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
143
Estimated Revenue
$45.2M
Rural/Urban
Rural
Congressional District
NC-01

Loan Use Breakdown

Payroll
$1,669,300
Rent
$50,000
Utilities
$7,000
Health Care
$130,000

Lender Information

Servicing Lender
Providence Bank
Originating Lender
Providence Bank

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