# PPP loan: STEAM THEORY BREWING COMPANY, LP
> **$161K** approved 04/07/2020 · Charged Off · Loan `7406647000`
## Borrower
- **Name:** STEAM THEORY BREWING COMPANY, LP
- **Address:** 340 SINGLETON BLVD STE 100, DALLAS, TX, 75212-4101
- **NAICS:** 312120
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $148K (92%)
- **Forgiveness date:** 02/16/2021
- **Status:** Charged Off
- **Term:** 33 months
## Use of funds
- **Payroll:** $128K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Jobs reported:** 18
## Lender
- **Originating:** The First National Bank of McGregor d/b/a TFNB Your Bank for Life
- **Servicing:** The First National Bank of McGregor d/b/a TFNB Your Bank for Life (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*