# PPP loan: PIER BEVERAGE LLC
> **$884K** approved 01/20/2021 · Exemption 4 · Loan `2246368308`
## Borrower
- **Name:** PIER BEVERAGE LLC
- **Address:** 9701 Atlantic Ave, Wildwood Crest, NJ, 08260-3309
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $884K
- **Initial approval:** $844K
- **Forgiven:** $736K (83%)
- **Forgiveness date:** 10/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $884K
- **Utilities:** $1
- **Jobs reported:** 72
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*