# PPP loan: 5 BOROUGHS BREWERY INC.
> **$220K** approved 05/01/2020 · Paid in Full · Loan `5620737702`
## Borrower
- **Name:** 5 BOROUGHS BREWERY INC.
- **Address:** 215 47TH ST, BROOKLYN, NY, 11220
- **NAICS:** 339114
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*