PPP Loan information for Beacon industries

$616,105

Beacon industries was initially approved for PPP Loan of amount $616,105, the current approved amount is $616,105. The loan was approved on 01/27/2021 by The Horizon Bank reported 96 jobs and $616,105 was used to fund payroll.

Beacon industries is Existing or more than 2 years old

PPP Loan Search / IN / Edinburgh / Beacon industries

BEACON INDUSTRIES

Date Approved

01/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

BEACON INDUSTRIES

Borrower Address

912 S Walnut St

Borrower City

Edinburgh

Borrower State

IN

Borrower Zip

46124-2001

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

616105.00

Current Approval Amount

616105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Edinburgh

Project County Name

BARTHOLOMEW

Project State

IN

Project Zip

46124-2001

CD

IN-06

Jobs Reported

96

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

616099.00

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

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620206.74

Forgiveness Date

09/29/2021

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