PPP Loan information for Oaken barrel brewing co.

$305,000

Oaken barrel brewing co. was initially approved for PPP Loan of amount $305,000, the current approved amount is $305,000. The loan was approved on 03/26/2021 by The German American Bank reported 62 jobs and $305,000 was used to fund payroll.

Oaken barrel brewing co. is Existing or more than 2 years old

OAKEN BARREL BREWING CO.

Date Approved

03/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

OAKEN BARREL BREWING CO.

Borrower Address

50 Airport Pkwy-suite L

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305000.00

Current Approval Amount

305000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143

CD

IN-07

Jobs Reported

62

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

304995.00

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309002.60

Forgiveness Date

07/25/2022

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