PPP Loan information for Cabarrus brewing company llc

$157,375

Cabarrus brewing company llc was initially approved for PPP Loan of amount $157,375, the current approved amount is $157,375. The loan was approved on 04/11/2020 by The Uwharrie Bank reported 7 jobs and $157,375 was used to fund payroll.

Cabarrus brewing company llc is New Business or 2 years or less

CABARRUS BREWING COMPANY LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CABARRUS BREWING COMPANY LLC

Borrower Address

329 McGill Ave NW

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-6149

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157375.00

Current Approval Amount

157375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-6149

CD

NC-12

Jobs Reported

7

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157375.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158564.06

Forgiveness Date

01/20/2021

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