# PPP loan: FRANKENMUTH BREWING COMPANY
> **$379K** approved 04/06/2020 · Paid in Full · Loan `6229487004`
## Borrower
- **Name:** FRANKENMUTH BREWING COMPANY
- **Address:** 425 S. Main Street, FRANKENMUTH, MI, 48734-1615
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $379K
- **Initial approval:** $379K
- **Forgiven:** $382K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Rent:** $25K
- **Mortgage interest:** $10K
- **Utilities:** $15K
- **Health care:** $10K
- **Debt interest:** $19K
- **Jobs reported:** 90
## Lender
- **Originating:** Frankenmuth CU
- **Servicing:** Frankenmuth CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*