PPP Loan information for Patel alcoholic beverages, llc

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PATEL ALCOHOLIC BEVERAGES, LLC

Borrower Address

4212 Black Horse Pike

Borrower City

Mays Landing

Borrower State

NJ

Borrower Zip

08330-3137

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Joe Canal's Discount Liquor Outlet - Trademark License Agreement

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mays Landing

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08330-3137

CD

NJ-02

Jobs Reported

10

NAICS Code

445310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10350.00

Payroll Proceed

31050.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41782.24

Forgiveness Date

03/22/2021