Beacon Converters, INC

$1,045,475 PPP Loan in Saddle Brook, New Jersey

Loan Details

Loan Number
1881707105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,045,475
Current Approval
$1,045,475
Forgiveness Amount
$1,055,756
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beacon Converters, INC
Address
45 Mayhill St.
ZIP Code
07663-5301
Business Type
Corporation
Industry (NAICS)
Manufacturing (322220)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$97.2M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$1,045,475

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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