PPP Loan information for Red oak brewery llc

$533,500

Red oak brewery llc was initially approved for PPP Loan of amount $533,500, the current approved amount is $533,500. The loan was approved on 02/20/2021 by The First Bank reported 80 jobs and $533,500 was used to fund payroll.

Red oak brewery llc is Existing or more than 2 years old

RED OAK BREWERY LLC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RED OAK BREWERY LLC

Borrower Address

6901 Konica Dr

Borrower City

Whitsett

Borrower State

NC

Borrower Zip

27377-9787

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

533500.00

Current Approval Amount

533500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whitsett

Project County Name

GUILFORD

Project State

NC

Project Zip

27377-9787

CD

NC-06

Jobs Reported

80

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

533495.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

539190.67

Forgiveness Date

03/17/2022

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