PPP Loan information for Wormtown brewery llc

$501,000

Wormtown brewery llc was initially approved for PPP Loan of amount $501,000, the current approved amount is $501,000. The loan was approved on 04/03/2020 by The Hometown Bank reported 40 jobs and $501,000 was used to fund payroll.

Wormtown brewery llc is Existing or more than 2 years old

WORMTOWN BREWERY LLC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

WORMTOWN BREWERY LLC

Borrower Address

72 Shrewsbury Street

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01604-4625

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501000.00

Current Approval Amount

501000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01604-4625

CD

MA-02

Jobs Reported

40

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

501000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506298.25

Forgiveness Date

05/05/2021

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