# PPP loan: INDEPENDENCE BREWING CO., INC.
> **$328K** approved 04/12/2020 · Paid in Full · Loan `4122787110`
## Borrower
- **Name:** INDEPENDENCE BREWING CO., INC.
- **Address:** 3913 Todd Ln #607, AUSTIN, TX, 78744-1000
- **NAICS:** 312120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 18
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*