PPP Loan information for Torrent brewing company

$27,776

Torrent brewing company was initially approved for PPP Loan of amount $27,776, the current approved amount is $27,776. The loan was approved on 04/10/2020 by The Midwest Heritage Bank, F.S.B. reported 9 jobs and $27,776 was used to fund payroll.

Torrent brewing company is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Torrent brewing company

TORRENT BREWING COMPANY

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TORRENT BREWING COMPANY

Borrower Address

504 BURNETT AVE

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-6178

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27776.12

Current Approval Amount

27776.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-6178

CD

IA-04

Jobs Reported

9

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.11

Mortgage Interest Proceed

0.00

Rent Proceed

6944.01

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27966.70

Forgiveness Date

12/28/2020

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