PPP Loan information for Descendent brewing llc

$100,600

Descendent brewing llc was initially approved for PPP Loan of amount $100,600, the current approved amount is $100,600. The loan was approved on 03/06/2021 by The Republic First Bank d/b/a Republic Bank reported 19 jobs and $100,600 was used to fund payroll.

Descendent brewing llc is Existing or more than 2 years old

DESCENDENT BREWING LLC

Date Approved

03/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DESCENDENT BREWING LLC

Borrower Address

61 Bridge St

Borrower City

Milford

Borrower State

NJ

Borrower Zip

08848-1264

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

100600.00

Current Approval Amount

100600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08848-1264

CD

NJ-07

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

100596.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101658.37

Forgiveness Date

04/14/2022

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