PPP Loan information for Straight to ale brands, inc.

$143,220

Straight to ale brands, inc. was initially approved for PPP Loan of amount $143,220, the current approved amount is $143,220. The loan was approved on 04/07/2020 by The Merit Bank reported 60 jobs and $143,220 was used to fund payroll.

Straight to ale brands, inc. is Existing or more than 2 years old

STRAIGHT TO ALE BRANDS, INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

STRAIGHT TO ALE BRANDS, INC.

Borrower Address

2610 CLINTON AVE

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35805-3046

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143220.00

Current Approval Amount

143220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3332

Servicing Lender Name

Merit Bank

Servicing Lender Address

659 Gallatin St SW

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35801-4914

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35805-3046

CD

AL-05

Jobs Reported

60

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

143220.00

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

3332

Originating Lender

Merit Bank

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144485.11

Forgiveness Date

03/02/2021

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