PPP Loan information for New groove brewing company

$15,500

New groove brewing company was initially approved for PPP Loan of amount $15,500, the current approved amount is $15,500. The loan was approved on 04/16/2020 by The Customers Bank reported 8 jobs and $15,500 was used to fund payroll.

New groove brewing company is Existing or more than 2 years old

NEW GROOVE BREWING COMPANY

Date Approved

04/16/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEW GROOVE BREWING COMPANY

Borrower Address

4078 Highway 9

Borrower City

BOILING SPRINGS

Borrower State

SC

Borrower Zip

29316

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15500.00

Current Approval Amount

15500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOILING SPRINGS

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29316-0002

CD

SC-04

Jobs Reported

8

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15500.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15648.21

Forgiveness Date

04/23/2021

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