PPP Loan information for Jack's abby brewing, llc

$764,000

Jack's abby brewing, llc was initially approved for PPP Loan of amount $1,226,200, the current approved amount is $764,000. The loan was approved on 04/03/2020 by The MutualOne Bank reported 80 jobs and $764,000 was used to fund payroll.

Jack's abby brewing, llc is Existing or more than 2 years old

JACK'S ABBY BREWING, LLC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JACK'S ABBY BREWING, LLC

Borrower Address

100 Clinton Street

Borrower City

FRAMINGHAM

Borrower State

MA

Borrower Zip

01702-6748

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1226200.00

Current Approval Amount

764000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84345

Servicing Lender Name

MutualOne Bank

Servicing Lender Address

828 Concord St

Servicing Lender City

FRAMINGHAM

Servicing Lender State

MA

Servicing Lender Zip

01701-4695

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRAMINGHAM

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01702-6748

CD

MA-05

Jobs Reported

80

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

48000.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

0.00

Rent Proceed

255000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

34000.00

Debt Interest Proceed

27000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

84345

Originating Lender

MutualOne Bank

Originating Lender City

FRAMINGHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

769379.40

Forgiveness Date

12/31/2020

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