PPP Loan information for Beacon technologies inc

$1,482,300

Beacon technologies inc was initially approved for PPP Loan of amount $1,482,300, the current approved amount is $1,482,300. The loan was approved on 04/07/2020 by The Settlers Bank reported 68 jobs and $1,482,300 was used to fund payroll.

Beacon technologies inc is Existing or more than 2 years old

BEACON TECHNOLOGIES INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BEACON TECHNOLOGIES INC

Borrower Address

6110 MINERAL POINT ROAD

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53705-4458

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1482300.00

Current Approval Amount

1482300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452244

Servicing Lender Name

Settlers Bank

Servicing Lender Address

4021 Meridian Dr

Servicing Lender City

DE FOREST

Servicing Lender State

WI

Servicing Lender Zip

53598-9698

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53705-4458

CD

WI-02

Jobs Reported

68

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

185287.50

Payroll Proceed

1111725.00

Mortgage Interest Proceed

0.00

Rent Proceed

185287.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

452244

Originating Lender

Settlers Bank

Originating Lender City

DE FOREST

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1481133.80

Forgiveness Date

11/23/2020

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