Valenca Bar & Liquors INC

$559,338 PPP Loan in Elizabeth, New Jersey

Loan Details

Loan Number
3926057202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$559,338
Current Approval
$559,338
Forgiveness Amount
$563,952
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Valenca Bar & Liquors INC
Address
665 Monroe Ave
ZIP Code
07201-1638
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$10.3M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$430,690
Utilities
$44,747
Mortgage Interest
$83,901

Lender Information

Servicing Lender
Crown Bank
Originating Lender
Crown Bank

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