Singlespeed Brewing Co.

$311,700 PPP Loan in Cedar Falls, Iowa

Loan Details

Loan Number
1801757110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$311,700
Current Approval
$311,700
Forgiveness Amount
$316,246
Forgiveness Date
Sep 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Singlespeed Brewing Co.
Address
128 Main St
State
Iowa
ZIP Code
50613-2622
Business Type
Corporation
Industry (NAICS)
Manufacturing (312120)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$26.8M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$233,775
Rent
$19,481
Utilities
$19,481
Health Care
$19,481
Mortgage Interest
$19,481

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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