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Freestate Petroleum Corporation

$228,800 PPP Loan in Highland, Maryland

Loan Details

Loan Number
8738218106
Date Approved
Jul 27, 2020
Loan Status
Paid in Full
Initial Approval
$228,800
Current Approval
$228,800
Forgiveness Amount
$230,587
Forgiveness Date
May 11, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Freestate Petroleum Corporation
Address
P O Box 125
City
Highland
State
Maryland
ZIP Code
20777
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$9.0M
Rural/Urban
Urban
Congressional District
MD-03

Loan Use Breakdown

Payroll
$228,800

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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