PPP Loan information for Beacon metals, inc.

$975,402

Beacon metals, inc. was initially approved for PPP Loan of amount $975,402, the current approved amount is $975,402. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 66 jobs and $975,402 was used to fund payroll.

Beacon metals, inc. is Existing or more than 2 years old

BEACON METALS, INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

BEACON METALS, INC.

Borrower Address

2770 S West Temple

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84165

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975402.00

Current Approval Amount

975402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84165-0001

CD

UT-04

Jobs Reported

66

NAICS Code

321911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6154.00

Payroll Proceed

880098.58

Mortgage Interest Proceed

0.00

Rent Proceed

4669.00

Refinance EIDL Proceed

0.00

Health Care Proceed

84480.42

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983042.65

Forgiveness Date

01/25/2021

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