Eastside Distilling Receives $1.4 Million PPP Loan Approval and Funding
Apr 16, 2020•about 5 years ago
Amount Raised
$1 Million
Round Type
seed
Description
Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside") and Craft Canning + Bottling, LLC, a subsidiary of Eastside ("Craft Canning," and together with Eastside, the "Company"), today announced that they have entered into loan agreements with Live Oak Banking Company ("Live Oak Bank") under the Paycheck Protection Program ("PPP") of the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") totaling approximately $1.4 million in aggregate.
FundzWatch™ Score
88
Medium Activity
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