Boba Tea Company INC

$495,659 PPP Loan in Albuquerque, New Mexico

Loan Details

Loan Number
7626887102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$495,659
Current Approval
$495,659
Forgiveness Amount
$508,092
Forgiveness Date
Oct 12, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Boba Tea Company INC
Address
8216 Montgomery Blvd NE
ZIP Code
87109
Business Type
Corporation
Industry (NAICS)
Manufacturing (311920)
Business Age
Existing or more than 2 years old
Jobs Reported
151
Estimated Revenue
$53.3M
Rural/Urban
Urban
Congressional District
NM-01

Loan Use Breakdown

Payroll
$371,744
Rent
$61,957
Utilities
$61,957

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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