PPP Loan information for Beacon composites llc

$20,300

Beacon composites llc was initially approved for PPP Loan of amount $23,100, the current approved amount is $20,300. The loan was approved on 04/29/2020 by The North State Bank reported 3 jobs and $20,300 was used to fund payroll.

Beacon composites llc is New Business or 2 years or less

BEACON COMPOSITES LLC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEACON COMPOSITES LLC

Borrower Address

4007 Estate Drive, Suite C

Borrower City

Creedmoor

Borrower State

NC

Borrower Zip

27522

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23100.00

Current Approval Amount

20300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Creedmoor

Project County Name

GRANVILLE

Project State

NC

Project Zip

27522-0001

CD

NC-04

Jobs Reported

3

NAICS Code

336612

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20459.62

Forgiveness Date

02/25/2021

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