# PPP loan: THE FREEPORT PRESS, INC.
> **$2.13M** approved 04/08/2020 · Paid in Full · Loan `7785917008`
## Borrower
- **Name:** THE FREEPORT PRESS, INC.
- **Address:** 2127 REISER AVE, NEW PHILADELPHIA, OH, 44663-3331
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Rent:** $532K
- **Jobs reported:** 181
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*