# PPP loan: FREE ENERGY SYSTEMS INC
> **$258K** approved 03/20/2021 · Charged Off · Loan `5212708603`
## Borrower
- **Name:** FREE ENERGY SYSTEMS INC
- **Address:** 300 Montgomery St Ste 730, San Francisco, CA, 94104-1909
- **NAICS:** 221114
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*