PPP Loan information for Outer banks brewing

$341,900

Outer banks brewing was initially approved for PPP Loan of amount $341,900, the current approved amount is $341,900. The loan was approved on 04/07/2020 by The TowneBank reported 62 jobs and $341,900 was used to fund payroll.

Outer banks brewing is Existing or more than 2 years old

OUTER BANKS BREWING

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OUTER BANKS BREWING

Borrower Address

600 South Croatan Hwy

Borrower City

KILL DEVIL HILLS

Borrower State

NC

Borrower Zip

27948-8899

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341900.00

Current Approval Amount

341900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILL DEVIL HILLS

Project County Name

DARE

Project State

NC

Project Zip

27948-8899

CD

NC-03

Jobs Reported

62

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

341900.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344464.25

Forgiveness Date

01/11/2021

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