PPP Loan information for Beacon wealth management, inc.

$57,500

Beacon wealth management, inc. was initially approved for PPP Loan of amount $71,460, the current approved amount is $57,500. The loan was approved on 04/06/2020 by The Byline Bank reported 5 jobs and $57,500 was used to fund payroll.

Beacon wealth management, inc. is New Business or 2 years or less

BEACON WEALTH MANAGEMENT, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BEACON WEALTH MANAGEMENT, INC.

Borrower Address

29000 INKSTER RD SUITE 100

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48034-1008

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71460.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-1008

CD

MI-12

Jobs Reported

5

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57500.00

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

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58035.07

Forgiveness Date

03/22/2021

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