# PPP loan: FREEMAN ELECTRIC LLC
> **$1.16M** approved 03/27/2021 · Paid in Full · Loan `1890668703`
## Borrower
- **Name:** FREEMAN ELECTRIC LLC
- **Address:** 111 Trail One Ste 200, Burlington, NC, 27215-5672
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.18M (102%)
- **Forgiveness date:** 02/28/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.16M
- **Utilities:** $1
- **Jobs reported:** 136
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*