PPP Loan information for Beco inc

$1,532,500

Beco inc was initially approved for PPP Loan of amount $1,655,800, the current approved amount is $1,532,500. The loan was approved on 04/08/2020 by The Truist Bank reported 131 jobs and $1,532,500 was used to fund payroll.

Beco inc is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Beco inc

BECO INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BECO INC

Borrower Address

2124 SURRETT DR

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27263-1644

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1655800.00

Current Approval Amount

1532500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-1644

CD

NC-06

Jobs Reported

131

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1532500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1546164.79

Forgiveness Date

03/05/2021

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