# PPP loan: FREEDOM RAIN INC
> **$686K** approved 04/06/2020 · Paid in Full · Loan `5612537004`
## Borrower
- **Name:** FREEDOM RAIN INC
- **Address:** 7916 2nd ave south, BIRMINGHAM, AL, 35206-3804
- **NAICS:** 813219
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $686K
- **Initial approval:** $686K
- **Forgiven:** $695K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Utilities:** $93K
- **Debt interest:** $3K
- **Jobs reported:** 169
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*