PPP Loan information for Island brewing llc

$570,070

Island brewing llc was initially approved for PPP Loan of amount $570,070, the current approved amount is $570,070. The loan was approved on 02/24/2021 by The Saco & Biddeford Savings Institution reported 45 jobs and $570,070 was used to fund payroll.

Island brewing llc is Existing or more than 2 years old

ISLAND BREWING LLC

Date Approved

02/24/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

ISLAND BREWING LLC

Borrower Address

100 Main St

Borrower City

Saco

Borrower State

ME

Borrower Zip

04072-3500

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

570069.50

Current Approval Amount

570069.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saco

Project County Name

YORK

Project State

ME

Project Zip

04072-3500

CD

ME-01

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

570065.50

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

573880.38

Forgiveness Date

11/03/2021

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