Three Speed Ales LLC

$210,000 PPP Loan in Frankfort, Michigan

Loan Details

Loan Number
8987917000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$210,000
Current Approval
$210,000
Forgiveness Amount
$212,014
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Three Speed Ales LLC
Address
303 Main St.
ZIP Code
49635-9047
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$160,000
Rent
$30,000
Utilities
$13,000
Mortgage Interest
$7,000

Lender Information

Servicing Lender
State Savings Bank
Originating Lender
State Savings Bank

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