# PPP loan: THE BEVERAGE WORKS NY, INC.
> **$4.09M** approved 04/10/2020 · Paid in Full · Loan `1324027110`
## Borrower
- **Name:** THE BEVERAGE WORKS NY, INC.
- **Address:** 101 Crawfords Corner Road, Suite 2301 0.0, Holmdel, NJ, 07733-1944
- **NAICS:** 424990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.09M
- **Initial approval:** $4.09M
- **Forgiven:** $4.13M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.27M
- **Rent:** $275K
- **Utilities:** $76K
- **Health care:** $461K
- **Jobs reported:** 300
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*