PPP Loan information for Freeway foods inc

$736,715

Freeway foods inc was initially approved for PPP Loan of amount $736,715, the current approved amount is $736,715. The loan was approved on 03/02/2021 by The Farmers & Merchants Bank of Long Beach reported 131 jobs and $736,715 was used to fund payroll.

Freeway foods inc is Existing or more than 2 years old

FREEWAY FOODS INC

Date Approved

03/02/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

FREEWAY FOODS INC

Borrower Address

621 W Manchester Blvd

Borrower City

Inglewood

Borrower State

CA

Borrower Zip

90301-1629

Loan Status Date

09/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

736715.00

Current Approval Amount

736715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Inglewood

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90301-1629

CD

CA-43

Jobs Reported

131

NAICS Code

722310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

736709.00

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

Cooperative

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

747291.40

Forgiveness Date

08/10/2022

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