PPP Loan information for Beco distributors inc.

$76,908

Beco distributors inc. was initially approved for PPP Loan of amount $76,908, the current approved amount is $76,908. The loan was approved on 02/20/2021 by The Penn Community Bank reported 9 jobs and $76,908 was used to fund payroll.

Beco distributors inc. is Existing or more than 2 years old

PPP Loan Search / PA / Morrisville / Beco distributors inc.

BECO DISTRIBUTORS INC.

Date Approved

02/20/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

BECO DISTRIBUTORS INC.

Borrower Address

222 E Bridge St

Borrower City

Morrisville

Borrower State

PA

Borrower Zip

19067-7130

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76907.50

Current Approval Amount

76907.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morrisville

Project County Name

BUCKS

Project State

PA

Project Zip

19067-7130

CD

PA-01

Jobs Reported

9

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76906.50

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77371.08

Forgiveness Date

10/04/2021

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