PPP Loan information for 5th element brewing company

$44,700

5th element brewing company was initially approved for PPP Loan of amount $44,700, the current approved amount is $44,700. The loan was approved on 04/14/2020 by The Bank of Travelers Rest reported 8 jobs and $44,700 was used to fund payroll.

5th element brewing company is Existing or more than 2 years old

5TH ELEMENT BREWING COMPANY

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

5TH ELEMENT BREWING COMPANY

Borrower Address

26 MAIN ST

Borrower City

TRAVELERS REST

Borrower State

SC

Borrower Zip

29690-1810

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44700.00

Current Approval Amount

44700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66363

Servicing Lender Name

Bank of Travelers Rest

Servicing Lender Address

42 Plaza Dr

Servicing Lender City

TRAVELERS REST

Servicing Lender State

SC

Servicing Lender Zip

29690-1688

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVELERS REST

Project County Name

GREENVILLE

Project State

SC

Project Zip

29690-1810

CD

SC-04

Jobs Reported

8

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2882.00

Payroll Proceed

38040.00

Mortgage Interest Proceed

0.00

Rent Proceed

3778.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66363

Originating Lender

Bank of Travelers Rest

Originating Lender City

TRAVELERS REST

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45050.25

Forgiveness Date

01/26/2021

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