# PPP loan: PEERLESS BEVERAGE CORP
> **$4.58M** approved 04/27/2020 · Paid in Full · Loan `4006807204`
## Borrower
- **Name:** PEERLESS BEVERAGE CORP
- **Address:** 1000 FLORAL AVENUE, UNION, NJ, 07083
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.58M
- **Initial approval:** $4.58M
- **Forgiven:** $4.63M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.58M
- **Jobs reported:** 286
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*