PPP Loan information for Laotto brewing llc

$41,481

Laotto brewing llc was initially approved for PPP Loan of amount $41,481, the current approved amount is $41,481. The loan was approved on 03/25/2021 by The Farmers and Merchants Bank reported 7 jobs and $41,481 was used to fund payroll.

Laotto brewing llc is Existing or more than 2 years old

LAOTTO BREWING LLC

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LAOTTO BREWING LLC

Borrower Address

202 S Main St

Borrower City

Laotto

Borrower State

IN

Borrower Zip

46763-4800

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41481.00

Current Approval Amount

41481.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laotto

Project County Name

NOBLE

Project State

IN

Project Zip

46763-4800

CD

IN-03

Jobs Reported

7

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

41478.00

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

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41600.83

Forgiveness Date

07/09/2021

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