PPP Loan information for Michigan city brewing company, inc.

$322,332

Michigan city brewing company, inc. was initially approved for PPP Loan of amount $322,332, the current approved amount is $322,332. The loan was approved on 04/08/2020 by The Horizon Bank reported 49 jobs and $322,332 was used to fund payroll.

Michigan city brewing company, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MICHIGAN CITY / Michigan city brewing company, inc.

MICHIGAN CITY BREWING COMPANY, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MICHIGAN CITY BREWING COMPANY, INC.

Borrower Address

208 Wabash St

Borrower City

MICHIGAN CITY

Borrower State

IN

Borrower Zip

46360-3244

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322332.00

Current Approval Amount

322332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MICHIGAN CITY

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-3244

CD

IN-01

Jobs Reported

49

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21489.00

Payroll Proceed

257866.00

Mortgage Interest Proceed

0.00

Rent Proceed

21489.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

21488

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

324115.86

Forgiveness Date

11/12/2020

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