PPP Loan information for Root down brewing company

$242,830

Root down brewing company was initially approved for PPP Loan of amount $242,830, the current approved amount is $242,830. The loan was approved on 01/19/2021 by The T Bank, National Association reported 41 jobs and $242,830 was used to fund payroll.

Root down brewing company is Existing or more than 2 years old

ROOT DOWN BREWING COMPANY

Date Approved

01/19/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ROOT DOWN BREWING COMPANY

Borrower Address

1 N Main St

Borrower City

Phoenixville

Borrower State

PA

Borrower Zip

19460-3419

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242830.00

Current Approval Amount

242830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426479

Servicing Lender Name

T Bank, National Association

Servicing Lender Address

16200 Dallas Pkwy, Ste 190

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75248-2637

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenixville

Project County Name

CHESTER

Project State

PA

Project Zip

19460-3419

CD

PA-06

Jobs Reported

41

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

242828.00

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

426479

Originating Lender

T Bank, National Association

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

245750.61

Forgiveness Date

04/14/2022

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