Frankenmuth Brewing Company

$379,250 PPP Loan in Frankenmuth, Michigan

Loan Details

Loan Number
6229487004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$379,250
Current Approval
$379,250
Forgiveness Amount
$382,294
Forgiveness Date
Feb 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Frankenmuth Brewing Company
Address
425 S. Main Street
ZIP Code
48734-1615
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$11.0M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$300,000
Rent
$25,000
Utilities
$15,000
Health Care
$10,000
Mortgage Interest
$10,000
Debt Interest
$19,250

Lender Information

Servicing Lender
Frankenmuth Cu
Originating Lender
Frankenmuth Cu

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