# PPP loan: LONG BEVERAGE INC.
> **$2.81M** approved 04/07/2020 · Paid in Full · Loan `7371867006`
## Borrower
- **Name:** LONG BEVERAGE INC.
- **Address:** 10500 World Trade Blvd., RALEIGH, NC, 27617
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.85M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.81M
- **Jobs reported:** 355
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*