PPP Loan information for New ulm brewing & beverage company

$40,940

New ulm brewing & beverage company was initially approved for PPP Loan of amount $40,940, the current approved amount is $40,940. The loan was approved on 04/13/2020 by The SouthPoint Financial CU reported 6 jobs and $40,940 was used to fund payroll.

New ulm brewing & beverage company is Existing or more than 2 years old

NEW ULM BREWING & BEVERAGE COMPANY

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW ULM BREWING & BEVERAGE COMPANY

Borrower Address

PO BOX 346

Borrower City

SLEEPY EYE

Borrower State

MN

Borrower Zip

56085-0346

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40940.00

Current Approval Amount

40940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLEEPY EYE

Project County Name

BROWN

Project State

MN

Project Zip

56085-0346

CD

MN-01

Jobs Reported

6

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40940.00

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

Subchapter S Corporation

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41259.67

Forgiveness Date

01/28/2021

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