PPP Loan information for Freedom rain inc

$765,592

Freedom rain inc was initially approved for PPP Loan of amount $765,592, the current approved amount is $765,592. The loan was approved on 01/27/2021 by The ServisFirst Bank reported 109 jobs and $765,592 was used to fund payroll.

Freedom rain inc is Existing or more than 2 years old

FREEDOM RAIN INC

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

FREEDOM RAIN INC

Borrower Address

7916 2nd Ave S

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35206-3804

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

765592.00

Current Approval Amount

765592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35206-3804

CD

AL-07

Jobs Reported

109

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

765590.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

774013.51

Forgiveness Date

03/01/2022

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