# PPP loan: FIRST MAGNITUDE BREWING COMPANY, LLC
> **$152K** approved 04/14/2020 · Paid in Full · Loan `6864857105`
## Borrower
- **Name:** FIRST MAGNITUDE BREWING COMPANY, LLC
- **Address:** 1220 SE Veitech St, GAINESVILLE, FL, 32604
- **NAICS:** 312120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 26
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*