PPP Loan information for Excelsior brewing company

$122,300

Excelsior brewing company was initially approved for PPP Loan of amount $122,300, the current approved amount is $122,300. The loan was approved on 01/27/2021 by The Alerus Financial, National Association reported 28 jobs and $122,300 was used to fund payroll.

Excelsior brewing company is Existing or more than 2 years old

EXCELSIOR BREWING COMPANY

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EXCELSIOR BREWING COMPANY

Borrower Address

421 3rd St

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331-2007

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122300.00

Current Approval Amount

122300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Excelsior

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-2007

CD

MN-03

Jobs Reported

28

NAICS Code

312120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

122298.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

122762.02

Forgiveness Date

06/15/2021

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