# PPP loan: FREEWAY FOODS INC
> **$737K** approved 03/02/2021 · Paid in Full · Loan `5848498509`
## Borrower
- **Name:** FREEWAY FOODS INC
- **Address:** 621 W Manchester Blvd, Inglewood, CA, 90301-1629
- **NAICS:** 722310
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $747K (101%)
- **Forgiveness date:** 08/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $737K
- **Utilities:** $1
- **Jobs reported:** 131
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*