PPP Loan information for Beacon industries inc

$612,620

Beacon industries inc was initially approved for PPP Loan of amount $612,620, the current approved amount is $612,620. The loan was approved on 04/10/2020 by The Horizon Bank reported 72 jobs and $612,620 was used to fund payroll.

Beacon industries inc is Unanswered

PPP Loan Search / IN / EDINBURGH / Beacon industries inc

BEACON INDUSTRIES INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BEACON INDUSTRIES INC

Borrower Address

912 S Walnut St

Borrower City

EDINBURGH

Borrower State

IN

Borrower Zip

46124-2001

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

612620.00

Current Approval Amount

612620.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

EDINBURGH

Project County Name

JOHNSON

Project State

IN

Project Zip

46124-2001

CD

IN-06

Jobs Reported

72

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

61262.00

Payroll Proceed

490096.00

Mortgage Interest Proceed

61262.00

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

606334.78

Forgiveness Date

12/10/2020

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