# PPP loan: FRANKENMUTH BREWING COMPANY
> **$531K** approved 03/20/2021 · Paid in Full · Loan `5070058602`
## Borrower
- **Name:** FRANKENMUTH BREWING COMPANY
- **Address:** 425 S Main St, Frankenmuth, MI, 48734-1615
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $531K
- **Initial approval:** $531K
- **Forgiven:** $534K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $531K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*