PPP Loan information for Lakefront brewery, inc.

$934,500

Lakefront brewery, inc. was initially approved for PPP Loan of amount $934,500, the current approved amount is $934,500. The loan was approved on 04/07/2020 by The Summit CU reported 169 jobs and $934,500 was used to fund payroll.

Lakefront brewery, inc. is Existing or more than 2 years old

LAKEFRONT BREWERY, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LAKEFRONT BREWERY, INC.

Borrower Address

1872 N COMMERCE ST

Borrower City

MILWAUKEE

Borrower State

WI

Borrower Zip

53212-3701

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

934500.00

Current Approval Amount

934500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKEE

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53212-3701

CD

WI-04

Jobs Reported

169

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60000.00

Payroll Proceed

784500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

939799.77

Forgiveness Date

11/03/2020

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