PPP Loan information for Drastic measures brewing llc

$34,900

Drastic measures brewing llc was initially approved for PPP Loan of amount $34,900, the current approved amount is $34,900. The loan was approved on 04/08/2020 by The Wadena State Bank reported 16 jobs and $34,900 was used to fund payroll.

Drastic measures brewing llc is New Business or 2 years or less

DRASTIC MEASURES BREWING LLC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRASTIC MEASURES BREWING LLC

Borrower Address

101 JEFFERSON ST S

Borrower City

WADENA

Borrower State

MN

Borrower Zip

56482-1368

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34900.00

Current Approval Amount

34900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38987

Servicing Lender Name

Wadena State Bank

Servicing Lender Address

304 1st St SE

Servicing Lender City

WADENA

Servicing Lender State

MN

Servicing Lender Zip

56482-1504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WADENA

Project County Name

WADENA

Project State

MN

Project Zip

56482-1368

CD

MN-07

Jobs Reported

16

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34900.00

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

Subchapter S Corporation

Originating Lender Location Id

38987

Originating Lender

Wadena State Bank

Originating Lender City

WADENA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35155.93

Forgiveness Date

01/07/2021

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