5TH ELEMENT BREWING COMPANY (SC) - 2020 PPP Loan Borrower Profile (# 5823737103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5TH ELEMENT BREWING COMPANY. 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 South Carolina.

Loan Detail

Loan Number

5823737103

SBA Office Code

0464

Processing Method

PPP

Curent Loan Amount

$44,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$45,050.25

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,882

Payroll Proced

38,040

Rent Proceed

3,778

Lender

Bank of Travelers Rest

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

312120

Borrower Location

TRAVELERS REST, SC

Project Location

TRAVELERS REST, SC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.