PPP Loan information for Portage brewing company llc

$981,956

Portage brewing company llc was initially approved for PPP Loan of amount $981,956, the current approved amount is $981,956. The loan was approved on 01/19/2021 by The First National Bank of Michigan reported 88 jobs and $981,956 was used to fund payroll.

Portage brewing company llc is Existing or more than 2 years old

PORTAGE BREWING COMPANY LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PORTAGE BREWING COMPANY LLC

Borrower Address

7842 Portage Rd

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002-4472

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

981956.00

Current Approval Amount

981956.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-4472

CD

MI-06

Jobs Reported

88

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

981951.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

990860.86

Forgiveness Date

12/23/2021

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