PPP Loan information for Cabarrus brewing company llc

$159,746

Cabarrus brewing company llc was initially approved for PPP Loan of amount $159,746, the current approved amount is $159,746. The loan was approved on 01/19/2021 by The Uwharrie Bank reported 30 jobs and $159,746 was used to fund payroll.

Cabarrus brewing company llc is Existing or more than 2 years old

CABARRUS BREWING COMPANY LLC

Date Approved

01/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CABARRUS BREWING COMPANY LLC

Borrower Address

329 McGill Ave NW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-6149

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159745.80

Current Approval Amount

159745.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-6149

CD

NC-12

Jobs Reported

30

NAICS Code

312120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159741.80

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161232.32

Forgiveness Date

12/23/2021

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