PPP Loan information for Straight to ale brands inc.

$194,859

Straight to ale brands inc. was initially approved for PPP Loan of amount $194,859, the current approved amount is $194,859. The loan was approved on 01/29/2021 by The Merit Bank reported 38 jobs and $194,859 was used to fund payroll.

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

PPP Loan Search / AL / Huntsville / Straight to ale brands inc.

STRAIGHT TO ALE BRANDS INC.

Date Approved

01/29/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

STRAIGHT TO ALE BRANDS INC.

Borrower Address

2610 Clinton Ave W

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35805-3046

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194858.80

Current Approval Amount

194858.80

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

Y

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

38

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194856.80

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

196704.55

Forgiveness Date

01/11/2022

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