PPP Loan information for Oregon brewing company

$2,000,000

Oregon brewing company was initially approved for PPP Loan of amount $1,655,306, the current approved amount is $2,000,000. The loan was approved on 03/16/2021 by The Umpqua Bank reported 198 jobs and $2,000,000 was used to fund payroll.

Oregon brewing company is Existing or more than 2 years old

PPP Loan Search / OR / Newport / Oregon brewing company

OREGON BREWING COMPANY

Date Approved

03/16/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

OREGON BREWING COMPANY

Borrower Address

2320 SE Osu Dr

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-5261

Loan Status Date

09/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1655306.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-5261

CD

OR-04

Jobs Reported

198

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2028383.56

Forgiveness Date

08/29/2022

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