# PPP loan: WORKHORSE BREWING COMPANY, INC.
> **$237K** approved 04/28/2020 · Paid in Full · Loan `1684787304`
## Borrower
- **Name:** WORKHORSE BREWING COMPANY, INC.
- **Address:** 250 King Manor Drive, KING OF PRUSSIA, PA, 19406
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $238K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Rent:** $59K
- **Jobs reported:** 20
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*