secwatch.observer — SEC 8-K summary
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Issuer:     Crimson Wine Group, Ltd (CWGL)
CIK:        0001562151
Form:       8-K
Filed at:   2021-07-15T23:59:59+00:00
Accession:  0001562151-21-000079
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Crimson Wine Group receives full PPP loan forgiveness of $3.86M from SBA
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- SBA approved full forgiveness of $3,819,521.91 PPP loan plus accrued interest, total $3,863,234.21.
- Loan was originally received April 2020 under CARES Act; forgiveness application approved June 14, 2021.
- Proceeds used for payroll, rent, utilities; forgiveness eliminates principal and interest liability.
- SBA remitted payment to lender American AgCredit, PCA, satisfying all amounts due.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562151/000156215121000079/0001562151-21-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562151/000156215121000079/cwgl-20210614.htm
  HTML page:      https://secwatch.observer/filing/0001562151-21-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer