PPP Loan information for Beacon telecom, inc.

$372,727

Beacon telecom, inc. was initially approved for PPP Loan of amount $372,727, the current approved amount is $372,727. The loan was approved on 02/06/2021 by The Bank of America, National Association reported 17 jobs and $372,727 was used to fund payroll.

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

BEACON TELECOM, INC.

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BEACON TELECOM, INC.

Borrower Address

80 Cedar St

Borrower City

Canton

Borrower State

MA

Borrower Zip

02021-4218

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

372727.00

Current Approval Amount

372727.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-4218

CD

MA-08

Jobs Reported

17

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

372727.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

376260.25

Forgiveness Date

01/21/2022

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