PPP Loan information for High grade beverage

$4,393,875

High grade beverage was initially approved for PPP Loan of amount $4,393,875, the current approved amount is $4,393,875. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 258 jobs and $4,393,875 was used to fund payroll.

High grade beverage is New Business or 2 years or less

HIGH GRADE BEVERAGE

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

HIGH GRADE BEVERAGE

Borrower Address

891 Georges Rd

Borrower City

North Brunswick

Borrower State

NJ

Borrower Zip

08902

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4393875.00

Current Approval Amount

4393875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

North Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08902-1000

CD

NJ-12

Jobs Reported

258

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4393875.00

Mortgage Interest Proceed

0.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4443592.00

Forgiveness Date

06/28/2021

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