PPP Loan information for Iron & ale llc

$298,600

Iron & ale llc was initially approved for PPP Loan of amount $298,600, the current approved amount is $298,600. The loan was approved on 04/06/2020 by The Select Bank reported 56 jobs and $298,600 was used to fund payroll.

Iron & ale llc is Existing or more than 2 years old

IRON & ALE LLC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

IRON & ALE LLC

Borrower Address

106 Cornerstone St.

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-5346

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298600.00

Current Approval Amount

298600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

447640

Servicing Lender Name

Select Bank

Servicing Lender Address

211 Gristmill Dr

Servicing Lender City

FOREST

Servicing Lender State

VA

Servicing Lender Zip

24551-2605

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-5346

CD

VA-05

Jobs Reported

56

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298600.00

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

447640

Originating Lender

Select Bank

Originating Lender City

FOREST

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301561.46

Forgiveness Date

04/14/2021

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