PPP Loan information for Beacon hospitality inc

$30,400

Beacon hospitality inc was initially approved for PPP Loan of amount $30,400, the current approved amount is $30,400. The loan was approved on 04/14/2020 by The Johnson Bank reported 9 jobs and $30,400 was used to fund payroll.

Beacon hospitality inc is New Business or 2 years or less

BEACON HOSPITALITY INC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

BEACON HOSPITALITY INC

Borrower Address

3113 DOUGLAS AVE

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53402-3913

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30400.00

Current Approval Amount

30400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53402-3913

CD

WI-01

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3800.00

Payroll Proceed

22800.00

Mortgage Interest Proceed

3800.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

20533.02

Forgiveness Date

12/22/2020

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