PPP Loan information for The american beer company

$354,300

The american beer company was initially approved for PPP Loan of amount $354,300, the current approved amount is $354,300. The loan was approved on 04/11/2020 by The First-Citizens Bank & Trust Company reported 35 jobs and $354,300 was used to fund payroll.

The american beer company is New Business or 2 years or less

PPP Loan Search / WV / SMOOT / The american beer company

THE AMERICAN BEER COMPANY

Date Approved

04/11/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THE AMERICAN BEER COMPANY

Borrower Address

1665 Smoot Rd

Borrower City

SMOOT

Borrower State

WV

Borrower Zip

24977-7039

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354300.00

Current Approval Amount

354300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SMOOT

Project County Name

GREENBRIER

Project State

WV

Project Zip

24977-7039

CD

WV-01

Jobs Reported

35

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

354300.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

356475.01

Forgiveness Date

11/25/2020

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