PPP Loan information for Three magnets brewing company

$221,600

Three magnets brewing company was initially approved for PPP Loan of amount $238,600, the current approved amount is $221,600. The loan was approved on 04/03/2020 by The Timberland Bank reported 36 jobs and $221,600 was used to fund payroll.

Three magnets brewing company is Existing or more than 2 years old

PPP Loan Search / WA / OLYMPIA / Three magnets brewing company

THREE MAGNETS BREWING COMPANY

Date Approved

04/03/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

THREE MAGNETS BREWING COMPANY

Borrower Address

600 Franklin St SE Ste 105

Borrower City

OLYMPIA

Borrower State

WA

Borrower Zip

98501-1314

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238600.00

Current Approval Amount

221600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLYMPIA

Project County Name

THURSTON

Project State

WA

Project Zip

98501-1314

CD

WA-10

Jobs Reported

36

NAICS Code

312120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

221600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224332.05

Forgiveness Date

07/08/2021

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