# PPP loan: FREEWAY TOWING INC.
> **$175K** approved 02/10/2021 · Paid in Full · Loan `6551398409`
## Borrower
- **Name:** FREEWAY TOWING INC.
- **Address:** 1350 Monterey Pass Rd, Monterey Park, CA, 91754-3619
- **NAICS:** 488410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 10
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*