PPP Loan information for Three speed ales llc

$210,000

Three speed ales llc was initially approved for PPP Loan of amount $210,000, the current approved amount is $210,000. The loan was approved on 04/09/2020 by The State Savings Bank reported 25 jobs and $210,000 was used to fund payroll.

Three speed ales llc is Existing or more than 2 years old

THREE SPEED ALES LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THREE SPEED ALES LLC

Borrower Address

303 Main St.

Borrower City

FRANKFORT

Borrower State

MI

Borrower Zip

49635-9047

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

210000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKFORT

Project County Name

BENZIE

Project State

MI

Project Zip

49635-9047

CD

MI-01

Jobs Reported

25

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

7000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

212013.70

Forgiveness Date

04/05/2021

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