PPP Loan information for Beacon fasteners and components, inc.

$390,000

Beacon fasteners and components, inc. was initially approved for PPP Loan of amount $390,000, the current approved amount is $390,000. The loan was approved on 04/04/2020 by The Barrington Bank & Trust Company, National Association reported 28 jobs and $390,000 was used to fund payroll.

Beacon fasteners and components, inc. is Existing or more than 2 years old

BEACON FASTENERS AND COMPONENTS, INC.

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEACON FASTENERS AND COMPONENTS, INC.

Borrower Address

198 W. CARPENTER AVE

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-6008

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390000.00

Current Approval Amount

390000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121149

Servicing Lender Name

Barrington Bank & Trust Company, National Association

Servicing Lender Address

201 S Hough St

Servicing Lender City

BARRINGTON

Servicing Lender State

IL

Servicing Lender Zip

60010-4321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-6008

CD

IL-10

Jobs Reported

28

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

48750.00

Payroll Proceed

292500.00

Mortgage Interest Proceed

0.00

Rent Proceed

48750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

121149

Originating Lender

Barrington Bank & Trust Company, National Association

Originating Lender City

BARRINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392188.33

Forgiveness Date

11/03/2020

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