PPP Loan information for Roak brewing co., llc

$578,388

Roak brewing co., llc was initially approved for PPP Loan of amount $578,388, the current approved amount is $578,388. The loan was approved on 04/08/2020 by The Mercantile Bank reported 72 jobs and $578,388 was used to fund payroll.

Roak brewing co., llc is Existing or more than 2 years old

PPP Loan Search / MI / ROYAL OAK / Roak brewing co., llc

ROAK BREWING CO., LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROAK BREWING CO., LLC

Borrower Address

330 E LINCOLN AVE

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48067-2700

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578387.50

Current Approval Amount

578387.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-2700

CD

MI-11

Jobs Reported

72

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

553925.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24462.50

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

582761.06

Forgiveness Date

01/19/2021

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