PPP Loan information for Panacea brewing company llc

$116,032

Panacea brewing company llc was initially approved for PPP Loan of amount $116,032, the current approved amount is $116,032. The loan was approved on 02/19/2021 by The Live Oak Banking Company reported 28 jobs and $116,032 was used to fund payroll.

Panacea brewing company llc is Existing or more than 2 years old

PANACEA BREWING COMPANY LLC

Date Approved

02/19/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PANACEA BREWING COMPANY LLC

Borrower Address

4107 Oleander Dr Ste H

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28403-6837

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116032.00

Current Approval Amount

116032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28403-6837

CD

NC-07

Jobs Reported

28

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116030.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116922.11

Forgiveness Date

12/08/2021

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