PPP Loan information for Island brewing llc
$570,070
Island brewing llc was initially approved for PPP Loan of amount $570,070, the current approved amount is $570,070. The loan was approved on 02/24/2021 by The Saco & Biddeford Savings Institution reported 45 jobs and $570,070 was used to fund payroll.
Island brewing llc is Existing or more than 2 years old
ISLAND BREWING LLC
Date Approved
02/24/2021
SBA Office Code
0172
Processing Method
PPS
Borrower Name
ISLAND BREWING LLC
Borrower Address
100 Main St
Borrower City
Saco
Borrower State
ME
Borrower Zip
04072-3500
Loan Status Date
12/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
570069.50
Current Approval Amount
570069.50
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
29883
Servicing Lender Name
Saco & Biddeford Savings Institution
Servicing Lender Address
252 Main St
Servicing Lender City
SACO
Servicing Lender State
ME
Servicing Lender Zip
04072-1511
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Saco
Project County Name
YORK
Project State
ME
Project Zip
04072-3500
CD
ME-01
Jobs Reported
45
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
570065.50
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
29883
Originating Lender
Saco & Biddeford Savings Institution
Originating Lender City
SACO
Originating Lender State
ME
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
573880.38
Forgiveness Date
11/03/2021