PPP Loan information for Beacon academy

$848,668

Beacon academy was initially approved for PPP Loan of amount $848,668, the current approved amount is $848,668. The loan was approved on 02/05/2021 by The Choice Financial Group reported 96 jobs and $848,668 was used to fund payroll.

Beacon academy is Existing or more than 2 years old

PPP Loan Search / MN / Crystal / Beacon academy

BEACON ACADEMY

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEACON ACADEMY

Borrower Address

3415 Louisiana Ave N

Borrower City

Crystal

Borrower State

MN

Borrower Zip

55427-2131

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

848668.00

Current Approval Amount

848668.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crystal

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-2131

CD

MN-05

Jobs Reported

96

NAICS Code

611110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

848666.00

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

501(c)3 – Non Profit

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

853550.75

Forgiveness Date

09/10/2021

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