PPP Loan information for Singlespeed brewing co.

$311,700

Singlespeed brewing co. was initially approved for PPP Loan of amount $311,700, the current approved amount is $311,700. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 76 jobs and $311,700 was used to fund payroll.

Singlespeed brewing co. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR FALLS / Singlespeed brewing co.

SINGLESPEED BREWING CO.

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SINGLESPEED BREWING CO.

Borrower Address

128 Main St

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-2622

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

311700.00

Current Approval Amount

311700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-2622

CD

IA-02

Jobs Reported

76

NAICS Code

312120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19481.25

Payroll Proceed

233775.00

Mortgage Interest Proceed

19481.25

Rent Proceed

19481.25

Refinance EIDL Proceed

0.00

Health Care Proceed

19481.25

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316245.62

Forgiveness Date

09/28/2021

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