# PPP loan: FREER TOOL AND DIE INC
> **$542K** approved 04/14/2020 · Paid in Full · Loan `7064677106`
## Borrower
- **Name:** FREER TOOL AND DIE INC
- **Address:** 44675 Morley Drive, Clinton Township, MI, 48036-1358
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 34
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*