# PPP loan: HAPPY VALLEY BREWING COMPANY L
> **$333K** approved 04/15/2020 · Exemption 4 · Loan `8262597101`
## Borrower
- **Name:** HAPPY VALLEY BREWING COMPANY L
- **Address:** 137 Elmwood Street, State College, PA, 16801
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $271K (81%)
- **Forgiveness date:** 03/10/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $38K
- **Mortgage interest:** $17K
- **Utilities:** $12K
- **Health care:** $5K
- **Debt interest:** $17K
- **Jobs reported:** 70
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*