PPP Loan information for Foundation brewing company

$162,100

Foundation brewing company was initially approved for PPP Loan of amount $162,100, the current approved amount is $162,100. The loan was approved on 04/28/2020 by The Bangor Savings Bank reported 16 jobs and $162,100 was used to fund payroll.

Foundation brewing company is Unanswered

FOUNDATION BREWING COMPANY

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

FOUNDATION BREWING COMPANY

Borrower Address

1 Industrial Way Ste 5

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04103

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162100.00

Current Approval Amount

162100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04103-1000

CD

ME-01

Jobs Reported

16

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162100.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163901.11

Forgiveness Date

06/09/2021

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