PPP Loan information for Bescast, inc

$2,500,000

Bescast, inc was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 200 jobs and $2,500,000 was used to fund payroll.

Bescast, inc is Existing or more than 2 years old

BESCAST, INC

Date Approved

04/15/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BESCAST, INC

Borrower Address

4600 East 355th Street

Borrower City

WILLOUGHBY

Borrower State

OH

Borrower Zip

44094

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-2900

CD

OH-14

Jobs Reported

200

NAICS Code

331512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2240000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

260000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2000732.48

Forgiveness Date

08/30/2021

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