PPP Loan information for Quality beer inc

$46,697

Quality beer inc was initially approved for PPP Loan of amount $46,697, the current approved amount is $46,697. The loan was approved on 02/19/2021 by The The First Trust and Savings Bank of Watseka reported 8 jobs and $46,697 was used to fund payroll.

Quality beer inc is Existing or more than 2 years old

QUALITY BEER INC

Date Approved

02/19/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

QUALITY BEER INC

Borrower Address

110 N Neil St

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61820-4023

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46697.00

Current Approval Amount

46697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22806

Servicing Lender Name

The First Trust and Savings Bank of Watseka

Servicing Lender Address

120 E Walnut St

Servicing Lender City

WATSEKA

Servicing Lender State

IL

Servicing Lender Zip

60970-1387

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61820-4023

CD

IL-13

Jobs Reported

8

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46694.00

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

22806

Originating Lender

The First Trust and Savings Bank of Watseka

Originating Lender City

WATSEKA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46961.62

Forgiveness Date

09/15/2021

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