# PPP loan: FALLING SKY BREWING LLC
> **$274K** approved 04/04/2020 · Charged Off · Loan `4778687009`
## Borrower
- **Name:** FALLING SKY BREWING LLC
- **Address:** 1334 OAK ALY, EUGENE, OR, 97401-3190
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $240K
- **Forgiven:** $216K (79%)
- **Forgiveness date:** 02/12/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 50
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*