PPP Loan information for City beverage co., inc.

$796,400

City beverage co., inc. was initially approved for PPP Loan of amount $796,400, the current approved amount is $796,400. The loan was approved on 04/27/2020 by The Atlantic Union Bank reported 50 jobs and $796,400 was used to fund payroll.

City beverage co., inc. is New Business or 2 years or less

PPP Loan Search / NC / ELIZABETH CITY / City beverage co., inc.

CITY BEVERAGE CO., INC.

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CITY BEVERAGE CO., INC.

Borrower Address

1471 WEEKSVILLE ROAD

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

796400.00

Current Approval Amount

796400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-0033

CD

NC-01

Jobs Reported

50

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

796400.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

800780.20

Forgiveness Date

11/27/2020

;