PPP Loan information for The beacon institute, inc

$90,100

The beacon institute, inc was initially approved for PPP Loan of amount $90,100, the current approved amount is $90,100. The loan was approved on 04/14/2020 by The Truist Bank reported 7 jobs and $90,100 was used to fund payroll.

The beacon institute, inc is Existing or more than 2 years old

THE BEACON INSTITUTE, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE BEACON INSTITUTE, INC

Borrower Address

7090 SAMUEL MORSE DR SUITE 400

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21046-3405

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90100.00

Current Approval Amount

90100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21046-3405

CD

MD-03

Jobs Reported

7

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90100.00

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

Non-Profit Organization

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

90625.58

Forgiveness Date

11/19/2020

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