PPP Loan information for The beacon newspapers, inc.

$203,064

The beacon newspapers, inc. was initially approved for PPP Loan of amount $203,064, the current approved amount is $203,064. The loan was approved on 04/14/2020 by The First Internet Bank of Indiana reported 13 jobs and $203,064 was used to fund payroll.

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

PPP Loan Search / MD / KENSINGTON / The beacon newspapers, inc.

THE BEACON NEWSPAPERS, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE BEACON NEWSPAPERS, INC.

Borrower Address

3720 FARRAGUT AVE #105

Borrower City

KENSINGTON

Borrower State

MD

Borrower Zip

20895-2110

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203064.00

Current Approval Amount

203064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123409

Servicing Lender Name

First Internet Bank of Indiana

Servicing Lender Address

8701 E 116th St

Servicing Lender City

FISHERS

Servicing Lender State

IN

Servicing Lender Zip

46038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENSINGTON

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2110

CD

MD-08

Jobs Reported

13

NAICS Code

451212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

203064.00

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

Subchapter S Corporation

Originating Lender Location Id

123409

Originating Lender

First Internet Bank of Indiana

Originating Lender City

FISHERS

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

204806.97

Forgiveness Date

03/01/2021

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