PPP Loan information for Beaton, inc.

$1,681,500

Beaton, inc. was initially approved for PPP Loan of amount $1,681,500, the current approved amount is $1,681,500. The loan was approved on 04/04/2020 by The Cedar Rapids Bank and Trust Company reported 26 jobs and $1,681,500 was used to fund payroll.

Beaton, inc. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Beaton, inc.

BEATON, INC.

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BEATON, INC.

Borrower Address

5805 Council St NE Ste D

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402-5807

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1681500.00

Current Approval Amount

1681500.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

238179

Servicing Lender Name

Cedar Rapids Bank and Trust Company

Servicing Lender Address

500 1st Ave NE

Servicing Lender City

Cedar Rapids

Servicing Lender State

IA

Servicing Lender Zip

52401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-5807

CD

IA-02

Jobs Reported

26

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1681500.00

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

238179

Originating Lender

Cedar Rapids Bank and Trust Company

Originating Lender City

Cedar Rapids

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1699903.08

Forgiveness Date

05/21/2021

;