PPP Loan information for Bearwaters brewing company

$75,000

Bearwaters brewing company was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 02/23/2021 by The Newtek Small Business Finance, Inc. reported 30 jobs and $75,000 was used to fund payroll.

Bearwaters brewing company is Existing or more than 2 years old

BEARWATERS BREWING COMPANY

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BEARWATERS BREWING COMPANY

Borrower Address

101 Park St

Borrower City

Canton

Borrower State

NC

Borrower Zip

28716-4319

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

HAYWOOD

Project State

NC

Project Zip

28716-4319

CD

NC-11

Jobs Reported

30

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74995.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75285.42

Forgiveness Date

08/03/2021

;