Algarve Barbecue Corporation

$284,862 PPP Loan in Elizabeth, New Jersey

Loan Details

Loan Number
5714877209
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$284,862
Current Approval
$284,862
Forgiveness Amount
$287,244
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Algarve Barbecue Corporation
Address
656 Van Buren Ave
ZIP Code
07201-1625
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$223,863
Rent
$36,600
Utilities
$24,399

Lender Information

Servicing Lender
Crown Bank
Originating Lender
Crown Bank

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