Premium Beverage Company INC

$552,100 PPP Loan in Opelika, Alabama

Loan Details

Loan Number
1600907100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$552,100
Current Approval
$552,100
Forgiveness Amount
$556,164
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Premium Beverage Company INC
Address
928 Railroad Ave
State
Alabama
ZIP Code
36301-4368
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424810)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$14.9M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$477,085
Rent
$16,000
Utilities
$15,998
Health Care
$43,017

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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