# PPP loan: VALENCA BAR & LIQUORS INC.
> **$783K** approved 03/30/2021 · Paid in Full · Loan `3034378706`
## Borrower
- **Name:** VALENCA BAR & LIQUORS INC.
- **Address:** 665 Monroe Ave, Elizabeth, NJ, 07201-1638
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $783K
- **Initial approval:** $783K
- **Forgiven:** $788K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $783K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** Crown Bank
- **Servicing:** Crown Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*