PPP Loan information for Beacon funding corporation

$1,936,700

Beacon funding corporation was initially approved for PPP Loan of amount $1,936,700, the current approved amount is $1,936,700. The loan was approved on 04/08/2020 by The BMO Harris Bank National Association reported 125 jobs and $1,936,700 was used to fund payroll.

Beacon funding corporation is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Beacon funding corporation

BEACON FUNDING CORPORATION

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BEACON FUNDING CORPORATION

Borrower Address

3400 Dundee Road #180

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-2320

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1936700.00

Current Approval Amount

1936700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-2320

CD

IL-10

Jobs Reported

125

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1936700.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1955111.92

Forgiveness Date

03/31/2021

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