# PPP loan: FREED'S EXCAVATING, INC.
> **$150K** approved 06/30/2020 · Paid in Full · Loan `7014478005`
## Borrower
- **Name:** FREED'S EXCAVATING, INC.
- **Address:** 167 TAYLOR RD, NEWCASTLE, CA, 95658-9601
- **NAICS:** 236116
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $150K
- **Initial approval:** $163K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 15
## Lender
- **Originating:** Intuit Financing Inc.
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*