# PPP loan: CAPE BEVERAGE, LLC
> **$249K** approved 04/07/2020 · Paid in Full · Loan `6680987006`
## Borrower
- **Name:** CAPE BEVERAGE, LLC
- **Address:** 505 A TERMINAL DR, RIO GRANDE, NJ, 08242-2220
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Health care:** $6K
- **Jobs reported:** 39
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*