PPP Loan information for Banko beverage co.

$1,437,283

Banko beverage co. was initially approved for PPP Loan of amount $1,437,283, the current approved amount is $1,437,283. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 96 jobs and $1,437,283 was used to fund payroll.

Banko beverage co. is Existing or more than 2 years old

BANKO BEVERAGE CO.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

BANKO BEVERAGE CO.

Borrower Address

5001 Crackersport Rd

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18104

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1437283.20

Current Approval Amount

1437283.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-0001

CD

PA-07

Jobs Reported

96

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

179660.40

Payroll Proceed

1077962.40

Mortgage Interest Proceed

179660.40

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1452334.75

Forgiveness Date

05/06/2021

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