Date Approved
01/19/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
HOOPS BREWING COMPANY L.L.C.
Borrower Address
325 S Lake Ave
Borrower City
Duluth
Borrower State
MN
Borrower Zip
55802-2305
Loan Status Date
12/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
127750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
95591
Servicing Lender Name
Vibrant Credit Union
Servicing Lender Address
1900 52nd Ave
Servicing Lender City
MOLINE
Servicing Lender State
IL
Servicing Lender Zip
61265-6380
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT LOUIS
Project State
Project Zip
CD
MN-08
Jobs Reported
25
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
127748.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
128765.00
Forgiveness Date
11/16/2021