PPP Loan information for Advance beverage co., inc

$2,032,000

Advance beverage co., inc was initially approved for PPP Loan of amount $2,032,000, the current approved amount is $2,032,000. The loan was approved on 04/14/2020 by The Tri Counties Bank reported 148 jobs and $2,032,000 was used to fund payroll.

Advance beverage co., inc is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Advance beverage co., inc

ADVANCE BEVERAGE CO., INC

Date Approved

04/14/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

ADVANCE BEVERAGE CO., INC

Borrower Address

5200 District Blvd

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93313

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2032000.00

Current Approval Amount

2032000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93313-0002

CD

CA-20

Jobs Reported

148

NAICS Code

424810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2032000.00

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

Subchapter S Corporation

Originating Lender Location Id

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2054936.55

Forgiveness Date

06/09/2021

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