PPP Loan information for Beacon's closet, inc.

$433,162

Beacon's closet, inc. was initially approved for PPP Loan of amount $433,162, the current approved amount is $433,162. The loan was approved on 05/01/2020 by The WebBank reported 60 jobs and $433,162 was used to fund payroll.

Beacon's closet, inc. is Existing or more than 2 years old

BEACON'S CLOSET, INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BEACON'S CLOSET, INC.

Borrower Address

74 Guernsey St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11222

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433162.00

Current Approval Amount

433162.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11222-0001

CD

NY-07

Jobs Reported

60

NAICS Code

453310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

433162.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

436855.91

Forgiveness Date

03/05/2021

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