BLOCK 15 BREWING COMPANY INC (OR) - 2020 PPP Loan Borrower Profile (# 6123227009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BLOCK 15 BREWING COMPANY INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Oregon.

Loan Detail

Loan Number

6123227009

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$856,742

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$865,591.09

Date Loan was Forgiven

Apr 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,816

Payroll Proced

750,482

Rent Proceed

47,400

Health Care Proceed

30,000

Debt Interest Proceed

8,044

Lender

Oregon State CU

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

CORVALLIS, OR

Project Location

CORVALLIS, OR

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.