# PPP loan: FREEMAN ELECTRICAL CONTRACTORS INC.
> **$226K** approved 01/30/2021 · Paid in Full · Loan `9194318303`
## Borrower
- **Name:** FREEMAN ELECTRICAL CONTRACTORS INC.
- **Address:** 4029 Johnston Rd, Valdosta, GA, 31606-2141
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 05/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*