PPP Loan information for Valenca bar & liquors inc

$559,338

Valenca bar & liquors inc was initially approved for PPP Loan of amount $559,338, the current approved amount is $559,338. The loan was approved on 04/27/2020 by The Crown Bank reported 58 jobs and $559,338 was used to fund payroll.

Valenca bar & liquors inc is Existing or more than 2 years old

VALENCA BAR & LIQUORS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

VALENCA BAR & LIQUORS INC

Borrower Address

665 MONROE AVE

Borrower City

ELIZABETH

Borrower State

NJ

Borrower Zip

07201-1638

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559337.90

Current Approval Amount

559337.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122482

Servicing Lender Name

Crown Bank

Servicing Lender Address

400 Westminster Ave

Servicing Lender City

ELIZABETH

Servicing Lender State

NJ

Servicing Lender Zip

07208-3207

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH

Project County Name

UNION

Project State

NJ

Project Zip

07201-1638

CD

NJ-08

Jobs Reported

58

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

44747.03

Payroll Proceed

430690.19

Mortgage Interest Proceed

83900.68

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122482

Originating Lender

Crown Bank

Originating Lender City

ELIZABETH

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

563952.44

Forgiveness Date

03/01/2021

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