# PPP loan: FREEDOM WHEELS INC.
> **$218K** approved 04/13/2020 · Paid in Full · Loan `5542347108`
## Borrower
- **Name:** FREEDOM WHEELS INC.
- **Address:** 745 MD Route 3 South, Gambrills, MD, 21054
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $164K
- **Rent:** $27K
- **Utilities:** $27K
- **Jobs reported:** 15
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*