PPP Loan information for Outer banks craft distilling llc

$50,000

Outer banks craft distilling llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/10/2020 by The TowneBank reported 8 jobs and $50,000 was used to fund payroll.

Outer banks craft distilling llc is Existing or more than 2 years old

OUTER BANKS CRAFT DISTILLING LLC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OUTER BANKS CRAFT DISTILLING LLC

Borrower Address

510 Budleigh Street

Borrower City

MANTEO

Borrower State

NC

Borrower Zip

27954

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

MANTEO

Project County Name

DARE

Project State

NC

Project Zip

27954-0001

CD

NC-03

Jobs Reported

8

NAICS Code

312140

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41258.53

Forgiveness Date

12/07/2020

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