PPP Loan information for Beacon insurance agency, inc.

$62,400

Beacon insurance agency, inc. was initially approved for PPP Loan of amount $62,400, the current approved amount is $62,400. The loan was approved on 04/06/2020 by The Live Oak Banking Company reported 6 jobs and $62,400 was used to fund payroll.

Beacon insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Jordan / Beacon insurance agency, inc.

BEACON INSURANCE AGENCY, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BEACON INSURANCE AGENCY, INC.

Borrower Address

223 1st Street East, Suite 100

Borrower City

Jordan

Borrower State

MN

Borrower Zip

55352

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62400.00

Current Approval Amount

62400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jordan

Project County Name

SCOTT

Project State

MN

Project Zip

55352-0001

CD

MN-02

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62400.00

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

Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63165.90

Forgiveness Date

07/02/2021

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