Private company

Boba Tea Company

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American bubble tea chain

Boba Tea Company is a bubble tea restaurant chain based in Albuquerque, New Mexico, founded in 2005.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2005Founded1

Boba Tea Company is a bubble tea restaurant chain based in Albuquerque, New Mexico, founded in 2005.2

Products and brands

  • bubble tea

Listed on Wikidata.1

Timeline

  1. 2005Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$1.2M 2020–2021
Money received by yearMoney received by year, 2020–2021: $1.2M in all. PPP loans $1.2M.$0$200K$400K$600K$800K2020 · PPP loans: $495.7K20202021 · PPP loans: $693.9K2021
Figures by year
YearPPP loansTotal
2021$693.9K$693.9K
2020$495.7K$495.7K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA4. Matched to this company by name and state.

  1. Apr 14, 2020$495.7K PPP loan (first draw) from First Source Federal Credit Union4To BOBA TEA COMPANY INC, Albuquerque NM; $508.1K forgiven Oct 12, 2022
  2. Mar 25, 2021$693.9K PPP loan (second draw) from First Source Federal Credit Union4To BOBA TEA COMPANY INC., Albuquerque NM; $705.0K forgiven Oct 26, 2022