# PPP loan: FREEWAY AUTO, INC.
> **$229K** approved 02/13/2021 · Paid in Full · Loan `8668638401`
## Borrower
- **Name:** FREEWAY AUTO, INC.
- **Address:** 1500 Monterey Pass Rd, Monterey Park, CA, 91754-3622
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 25
## 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*