# PPP loan: FOOD AND BEVERAGE ASSOCIATES OF NJ INC
> **$359K** approved 01/23/2021 · Paid in Full · Loan `4613048308`
## Borrower
- **Name:** FOOD AND BEVERAGE ASSOCIATES OF NJ INC
- **Address:** 8 W Main St, Farmingdale, NJ, 07727-1036
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $361K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Flagstar Bank National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*