# PPP loan: STRAP TANK BREWING COMPANY INC.
> **$505K** approved 04/08/2020 · Paid in Full · Loan `8069237009`
## Borrower
- **Name:** STRAP TANK BREWING COMPANY INC.
- **Address:** 494 W 1300 N, SPRINGVILLE, UT, 84663-3018
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Jobs reported:** 173
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*