# PPP loan: FOOD AND BEVERAGE ASSOCIATES OF NJ INC
> **$250K** approved 04/28/2020 · Paid in Full · Loan `6490107206`
## Borrower
- **Name:** FOOD AND BEVERAGE ASSOCIATES OF NJ INC
- **Address:** 8 West Main Street Suite 1 F, Farmingdale, NJ, 07727
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 14
## Lender
- **Originating:** Flagstar Bank National Association
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*