PPP Loan information for Boba tea company inc

$495,659

Boba tea company inc was initially approved for PPP Loan of amount $495,659, the current approved amount is $495,659. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 151 jobs and $495,659 was used to fund payroll.

Boba tea company inc is Existing or more than 2 years old

PPP Loan Search / NM / ALBUQUERQUE / Boba tea company inc

BOBA TEA COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

BOBA TEA COMPANY INC

Borrower Address

8216 Montgomery Blvd NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87109

Loan Status Date

11/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

495659.00

Current Approval Amount

495659.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87109-0001

CD

NM-01

Jobs Reported

151

NAICS Code

311920

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

61957.38

Payroll Proceed

371744.25

Mortgage Interest Proceed

0.00

Rent Proceed

61957.37

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

508091.78

Forgiveness Date

10/12/2022

;