PPP Loan information for Beach products inc.

$481,600

Beach products inc. was initially approved for PPP Loan of amount $481,600, the current approved amount is $481,600. The loan was approved on 04/09/2020 by The Truist Bank reported 44 jobs and $481,600 was used to fund payroll.

Beach products inc. is Existing or more than 2 years old

PPP Loan Search / MD / SAINT MICHAELS / Beach products inc.

BEACH PRODUCTS INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BEACH PRODUCTS INC.

Borrower Address

24687 YACHT CLUB RD

Borrower City

SAINT MICHAELS

Borrower State

MD

Borrower Zip

21663-2111

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481600.00

Current Approval Amount

481600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAELS

Project County Name

TALBOT

Project State

MD

Project Zip

21663-2111

CD

MD-01

Jobs Reported

44

NAICS Code

315990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

481600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

487834.04

Forgiveness Date

08/02/2021

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