# PPP loan: FREELAND ENTERPRISES INC
> **$1.11M** approved 04/10/2020 · Paid in Full · Loan `1531797110`
## Borrower
- **Name:** FREELAND ENTERPRISES INC
- **Address:** 7100 W Jefferson Blvd 0.0, Fort Wayne, IN, 46804-6236
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.11M
- **Initial approval:** $1.11M
- **Forgiven:** $1.13M (102%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $874K
- **Rent:** $143K
- **Utilities:** $66K
- **Health care:** $25K
- **Jobs reported:** 210
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*