# PPP loan: BANKO BEVERAGE CO.
> **$1.44M** approved 04/14/2020 · Paid in Full · Loan `6887727104`
## Borrower
- **Name:** BANKO BEVERAGE CO.
- **Address:** 5001 Crackersport Rd, Allentown, PA, 18104
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.44M
- **Initial approval:** $1.44M
- **Forgiven:** $1.45M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.08M
- **Mortgage interest:** $180K
- **Utilities:** $180K
- **Jobs reported:** 96
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*