# PPP loan: FREEDOM XPRESS INC.
> **$702K** approved 04/11/2020 · Paid in Full · Loan `3099137110`
## Borrower
- **Name:** FREEDOM XPRESS INC.
- **Address:** 510 Wilson Street Suite 4, BREWER, ME, 04412-1420
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $709K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $527K
- **Rent:** $88K
- **Utilities:** $88K
- **Jobs reported:** 93
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*