PPP Loan information for Billet and jones brewing company

$220,553

Billet and jones brewing company was initially approved for PPP Loan of amount $220,553, the current approved amount is $220,553. The loan was approved on 02/20/2021 by The First Merchants Bank reported 35 jobs and $220,553 was used to fund payroll.

Billet and jones brewing company is Existing or more than 2 years old

BILLET AND JONES BREWING COMPANY

Date Approved

02/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BILLET AND JONES BREWING COMPANY

Borrower Address

519 N Elm St

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47305-1462

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220552.50

Current Approval Amount

220552.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47305-1462

CD

IN-05

Jobs Reported

35

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

220549.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223416.66

Forgiveness Date

06/15/2022

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