PPP Loan information for Singlespeed brewing co.

$432,200

Singlespeed brewing co. was initially approved for PPP Loan of amount $432,200, the current approved amount is $432,200. The loan was approved on 02/13/2021 by The MidWestOne Bank reported 66 jobs and $432,200 was used to fund payroll.

Singlespeed brewing co. is Existing or more than 2 years old

SINGLESPEED BREWING CO.

Date Approved

02/13/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

SINGLESPEED BREWING CO.

Borrower Address

128 Main St

Borrower City

Cedar Falls

Borrower State

IA

Borrower Zip

50613-2644

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432200.00

Current Approval Amount

432200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cedar Falls

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-2644

CD

IA-02

Jobs Reported

66

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

432196.00

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

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

435789.66

Forgiveness Date

12/14/2021

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