PPP Loan information for Capitol beverage company, inc.

$916,600

Capitol beverage company, inc. was initially approved for PPP Loan of amount $916,600, the current approved amount is $916,600. The loan was approved on 04/13/2020 by The Comerica Bank reported 105 jobs and $916,600 was used to fund payroll.

Capitol beverage company, inc. is Existing or more than 2 years old

CAPITOL BEVERAGE COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAPITOL BEVERAGE COMPANY, INC.

Borrower Address

5500 AURELIUS RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48911-4120

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

916600.00

Current Approval Amount

916600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48911-4120

CD

MI-07

Jobs Reported

105

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

733304.00

Mortgage Interest Proceed

183296.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

923958.26

Forgiveness Date

02/09/2021

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