# PPP loan: TORCH & CROWN BREWERY, INC.
> **$401K** approved 01/25/2021 · Paid in Full · Loan `5679318303`
## Borrower
- **Name:** TORCH & CROWN BREWERY, INC.
- **Address:** 463 E 173rd St, Bronx, NY, 10457-8105
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $401K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*