Beacon Electric, Inc.

$375,575 PPP Loan in Milldale, Connecticut

Loan Details

Loan Number
3762197201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$375,575
Current Approval
$327,660
Forgiveness Amount
$331,942
Forgiveness Date
Aug 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Beacon Electric, Inc.
Address
298 Clark Street
ZIP Code
06467
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
CT-01

Loan Use Breakdown

Payroll
$327,660

Lender Information

Servicing Lender
Webster Bank National Association
Originating Lender
Webster Bank National Association

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