PPP Loan information for The royal oak brewing co.

$288,544

The royal oak brewing co. was initially approved for PPP Loan of amount $288,544, the current approved amount is $288,544. The loan was approved on 01/16/2021 by The Mi Bank reported 20 jobs and $288,544 was used to fund payroll.

The royal oak brewing co. is Existing or more than 2 years old

PPP Loan Search / MI / Royal Oak / The royal oak brewing co.

THE ROYAL OAK BREWING CO.

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE ROYAL OAK BREWING CO.

Borrower Address

215 E 4th St

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-2606

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288543.50

Current Approval Amount

288543.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-2606

CD

MI-11

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

288541.50

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

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290701.65

Forgiveness Date

10/26/2021

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