# PPP loan: FREEDOM OIL COMPANY
> **$882K** approved 04/09/2020 · Paid in Full · Loan `8868237005`
## Borrower
- **Name:** FREEDOM OIL COMPANY
- **Address:** 814 West Chestnut Street, BLOOMINGTON, IL, 61701-2816
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $882K
- **Initial approval:** $882K
- **Forgiven:** $890K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Mortgage interest:** $7K
- **Utilities:** $25K
- **Jobs reported:** 189
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*