Freedom Oil Company
$882,200 PPP Loan in Bloomington, Illinois
Loan Details
- Loan Number
- 8868237005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $882,200
- Current Approval
- $882,200
- Forgiveness Amount
- $889,772
- Forgiveness Date
- Feb 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Freedom Oil Company
- Address
- 814 West Chestnut Street
- City
- Bloomington
- State
- Illinois
- ZIP Code
- 61701-2816
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (447110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 189
- Estimated Revenue
- $63.2M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $850,000
- Utilities
- $25,000
- Mortgage Interest
- $7,200
Lender Information
- Servicing Lender
- Commerce Bank
- Originating Lender
- Commerce Bank
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|---|---|---|
| Farnsworth Group, INC | $9,151,700 |  Research |
| Biaggi's Ristorante Italiano, LLC | $6,565,000 | Research |
| Nu-Way Logistics, Inc. | $6,446,737 | Research |
| Stark Excavating, INC | $5,785,200 | Research |
| Evergreen Fs, Inc. | $3,493,175 | Research |
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