PPP Loan information for Frankenmuth brewing company

$379,250

Frankenmuth brewing company was initially approved for PPP Loan of amount $379,250, the current approved amount is $379,250. The loan was approved on 04/06/2020 by The Frankenmuth CU reported 90 jobs and $379,250 was used to fund payroll.

Frankenmuth brewing company is Existing or more than 2 years old

PPP Loan Search / MI / FRANKENMUTH / Frankenmuth brewing company

FRANKENMUTH BREWING COMPANY

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANKENMUTH BREWING COMPANY

Borrower Address

425 S. Main Street

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1615

Loan Status Date

02/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379250.00

Current Approval Amount

379250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKENMUTH

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1615

CD

MI-04

Jobs Reported

90

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

19250

Business Type

Corporation

Originating Lender Location Id

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

382294.39

Forgiveness Date

02/05/2021

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