# PPP loan: FREETLY ELECTRIC
> **$215K** approved 04/08/2020 · Paid in Full · Loan `8382057010`
## Borrower
- **Name:** FREETLY ELECTRIC
- **Address:** 303 N 3rd St, KERKHOVEN, MN, 56252-9650
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $215K
- **Jobs reported:** 16
## Lender
- **Originating:** Bravera Bank
- **Servicing:** Bravera Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*