PPP Loan information for Beal industrial products, inc.

$160,000

Beal industrial products, inc. was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 15 jobs and $160,000 was used to fund payroll.

Beal industrial products, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Hanover / Beal industrial products, inc.

BEAL INDUSTRIAL PRODUCTS, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BEAL INDUSTRIAL PRODUCTS, INC.

Borrower Address

7513 E Connelley Dr.

Borrower City

Hanover

Borrower State

MD

Borrower Zip

21076

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21076-0001

CD

MD-03

Jobs Reported

15

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148653.00

Mortgage Interest Proceed

0.00

Rent Proceed

5674.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5673.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161078.36

Forgiveness Date

12/28/2020

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