PPP Loan information for Grand traverse distillery

$124,078

Grand traverse distillery was initially approved for PPP Loan of amount $124,078, the current approved amount is $124,078. The loan was approved on 04/09/2020 by The 4Front Credit Union reported 21 jobs and $124,078 was used to fund payroll.

Grand traverse distillery is Existing or more than 2 years old

GRAND TRAVERSE DISTILLERY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GRAND TRAVERSE DISTILLERY

Borrower Address

781 INDUSTRIAL CIR STE 5

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-8942

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124077.50

Current Approval Amount

124077.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98980

Servicing Lender Name

4Front Credit Union

Servicing Lender Address

101 N Park St

Servicing Lender City

Traverse City

Servicing Lender State

MI

Servicing Lender Zip

49684

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-8942

CD

MI-01

Jobs Reported

21

NAICS Code

312140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124077.50

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

98980

Originating Lender

4Front Credit Union

Originating Lender City

Traverse City

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124990.85

Forgiveness Date

01/08/2021

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