# PPP loan: ROY PITZ BREWING CO., INC.
> **$194K** approved 04/08/2020 · Paid in Full · Loan `7851287008`
## Borrower
- **Name:** ROY PITZ BREWING CO., INC.
- **Address:** 140 N Third St, CHAMBERSBURG, PA, 17201-1644
- **NAICS:** 312120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 23 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $39K
- **Jobs reported:** 66
## Lender
- **Originating:** Farmers and Merchants Trust Company of Chambersburg
- **Servicing:** Farmers and Merchants Trust Company of Chambersburg (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*