PPP Loan information for Backpocket brewing, llc

$113,500

Backpocket brewing, llc was initially approved for PPP Loan of amount $113,500, the current approved amount is $113,500. The loan was approved on 04/16/2020 by The MidWestOne Bank reported 29 jobs and $113,500 was used to fund payroll.

Backpocket brewing, llc is Existing or more than 2 years old

BACKPOCKET BREWING, LLC

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BACKPOCKET BREWING, LLC

Borrower Address

903 Quarry Road

Borrower City

CORALVILLE

Borrower State

IA

Borrower Zip

52241

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113500.00

Current Approval Amount

113500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CORALVILLE

Project County Name

JOHNSON

Project State

IA

Project Zip

52241-0001

CD

IA-01

Jobs Reported

29

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7093.75

Payroll Proceed

85125.00

Mortgage Interest Proceed

7093.75

Rent Proceed

7093.75

Refinance EIDL Proceed

0.00

Health Care Proceed

7093.75

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114266.12

Forgiveness Date

12/28/2020

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