PPP Loan information for Beacon insurance agency, inc.

$31,181

Beacon insurance agency, inc. was initially approved for PPP Loan of amount $31,181, the current approved amount is $31,181. The loan was approved on 04/28/2020 by The The Lowell Five Cent Savings Bank reported 2 jobs and $31,181 was used to fund payroll.

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

PPP Loan Search / MA / NORTH CHELMSFORD / Beacon insurance agency, inc.

BEACON INSURANCE AGENCY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BEACON INSURANCE AGENCY, INC.

Borrower Address

22 MIDDLESEX ST

Borrower City

NORTH CHELMSFORD

Borrower State

MA

Borrower Zip

01863-1688

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31181.00

Current Approval Amount

31181.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01863-1688

CD

MA-03

Jobs Reported

2

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

23000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1181.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31354.42

Forgiveness Date

11/27/2020

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