# PPP loan: FRESNO BEVERAGE COMPANY INC.
> **$3.00M** approved 04/08/2020 · Paid in Full · Loan `8382477007`
## Borrower
- **Name:** FRESNO BEVERAGE COMPANY INC.
- **Address:** 3525 S. East Ave. 0.0, Fresno, CA, 93725-9000
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.00M
- **Initial approval:** $3.00M
- **Forgiven:** $3.03M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Rent:** $290K
- **Utilities:** $70K
- **Health care:** $160K
- **Debt interest:** $300K
- **Jobs reported:** 276
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*