PPP Loan information for The beacon

$24,400

The beacon was initially approved for PPP Loan of amount $24,400, the current approved amount is $24,400. The loan was approved on 04/10/2020 by The Maine Community Bank reported 10 jobs and $24,400 was used to fund payroll.

The beacon is New Business or 2 years or less

PPP Loan Search / ME / RAYMOND / The beacon

THE BEACON

Date Approved

04/10/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE BEACON

Borrower Address

1233 Roosevelt Trail

Borrower City

RAYMOND

Borrower State

ME

Borrower Zip

04071-6607

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24400.00

Current Approval Amount

24400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAYMOND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04071-6607

CD

ME-01

Jobs Reported

10

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1420.00

Payroll Proceed

19592.00

Mortgage Interest Proceed

0.00

Rent Proceed

3388.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

24548.43

Forgiveness Date

11/23/2020

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