# PPP loan: JRC BEVERAGE INC.
> **$1.05M** approved 01/29/2021 · Paid in Full · Loan `8024388305`
## Borrower
- **Name:** JRC BEVERAGE INC.
- **Address:** 169 Gardner Ave, Brooklyn, NY, 11237-1109
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $1
- **Jobs reported:** 121
## Lender
- **Originating:** Bank of Hope
- **Servicing:** Bank of Hope (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*