PPP Loan information for Beacon promotions, inc.

$1,097,398

Beacon promotions, inc. was initially approved for PPP Loan of amount $1,097,398, the current approved amount is $1,097,398. The loan was approved on 04/28/2020 by The Texas Capital Bank reported 13 jobs and $1,097,398 was used to fund payroll.

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

PPP Loan Search / MN / NEW ULM / Beacon promotions, inc.

BEACON PROMOTIONS, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEACON PROMOTIONS, INC.

Borrower Address

2121 S Bridge Street

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-3959

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1097398.47

Current Approval Amount

1097398.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-3959

CD

MN-01

Jobs Reported

13

NAICS Code

323113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

39495.00

Payroll Proceed

1047164.00

Mortgage Interest Proceed

0.00

Rent Proceed

10739.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

877044.26

Forgiveness Date

05/21/2021

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