# PPP loan: ALLEN BEVERAGES INCORPORATED
> **$927K** approved 04/14/2020 · Paid in Full · Loan `7162047109`
## Borrower
- **Name:** ALLEN BEVERAGES INCORPORATED
- **Address:** 13300 DEDEAUX RD, GULFPORT, MS, 39503-4518
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $927K
- **Initial approval:** $927K
- **Forgiven:** $938K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $671K
- **Utilities:** $141K
- **Health care:** $116K
- **Jobs reported:** 87
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*