PPP Loan information for Beacon hospital management, inc.

$2,505,018

Beacon hospital management, inc. was initially approved for PPP Loan of amount $2,505,018, the current approved amount is $2,505,018. The loan was approved on 04/11/2020 by The Cadence Bank reported 325 jobs and $2,505,018 was used to fund payroll.

Beacon hospital management, inc. is Existing or more than 2 years old

BEACON HOSPITAL MANAGEMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BEACON HOSPITAL MANAGEMENT, INC.

Borrower Address

9938 AIRLINE HWY

Borrower City

BATON ROUGE

Borrower State

LA

Borrower Zip

70816-8100

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2505017.50

Current Approval Amount

2505017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BATON ROUGE

Project County Name

EAST BATON ROUGE

Project State

LA

Project Zip

70816-8100

CD

LA-06

Jobs Reported

325

NAICS Code

622210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2505017.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2549064.06

Forgiveness Date

01/11/2022

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