PPP Loan information for B.e.a.m. industries, inc.

$405,000

B.e.a.m. industries, inc. was initially approved for PPP Loan of amount $405,000, the current approved amount is $405,000. The loan was approved on 02/20/2021 by The 1st State Bank reported 102 jobs and $405,000 was used to fund payroll.

B.e.a.m. industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Saginaw / B.e.a.m. industries, inc.

B.E.A.M. INDUSTRIES, INC.

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

B.E.A.M. INDUSTRIES, INC.

Borrower Address

5815 Bay Rd Ste 600

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48604-2543

Loan Status Date

02/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405000.00

Current Approval Amount

405000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-2543

CD

MI-08

Jobs Reported

102

NAICS Code

561320

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

404998.00

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

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

408757.50

Forgiveness Date

01/25/2022

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