PPP Loan information for Imbibe llc

$499,467

Imbibe llc was initially approved for PPP Loan of amount $499,467, the current approved amount is $499,467. The loan was approved on 02/10/2021 by The First Merchants Bank reported 57 jobs and $499,467 was used to fund payroll.

Imbibe llc is Existing or more than 2 years old

IMBIBE LLC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IMBIBE LLC

Borrower Address

216 E Washington St

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48104-2008

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

499467.00

Current Approval Amount

499467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-2008

CD

MI-06

Jobs Reported

57

NAICS Code

722330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499462.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

506172.17

Forgiveness Date

06/21/2022

;