PPP Loan information for Freeway motors, inc

$3,137,508

Freeway motors, inc was initially approved for PPP Loan of amount $3,137,508, the current approved amount is $3,137,508. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 216 jobs and $3,137,508 was used to fund payroll.

Freeway motors, inc is Existing or more than 2 years old

FREEWAY MOTORS, INC

Date Approved

04/28/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FREEWAY MOTORS, INC

Borrower Address

4724 Roosevelt Way NE

Borrower City

SEATTLE

Borrower State

WA

Borrower Zip

98105-4724

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3137507.50

Current Approval Amount

3137507.50

Undisbursed Amount

0.00

Franchise Name

Audi Dealer Agreement

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SEATTLE

Project County Name

KING

Project State

WA

Project Zip

98105-4724

CD

WA-07

Jobs Reported

216

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3137507.50

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3172368.69

Forgiveness Date

06/11/2021

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