# PPP loan: FREEDOM INDUSTRIES INC
> **$1.90M** approved 01/22/2021 · Paid in Full · Loan `3748468308`
## Borrower
- **Name:** FREEDOM INDUSTRIES INC
- **Address:** 4000 E Old Spring Hope Rd, Rocky Mount, NC, 27804-7727
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.90M
- **Initial approval:** $1.90M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 11/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.90M
- **Utilities:** $1
- **Jobs reported:** 143
## Lender
- **Originating:** Providence Bank
- **Servicing:** Providence Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*