# PPP loan: BROOKLYN BREWERY CORPORATION, THE
> **$2.87M** approved 05/01/2020 · Exemption 4 · Loan `6074467700`
## Borrower
- **Name:** BROOKLYN BREWERY CORPORATION, THE
- **Address:** 79 N 11th St, Brooklyn, NY, 11211
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.87M
- **Initial approval:** $2.87M
- **Forgiven:** $1.81M (63%)
- **Forgiveness date:** 11/30/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.87M
- **Jobs reported:** 174
## 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*