Beaton, Inc.
$1,681,500 PPP Loan in Cedar Rapids, Iowa
Loan Details
- Loan Number
- 4929847007
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,681,500
- Current Approval
- $1,681,500
- Forgiveness Amount
- $1,699,903
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Beaton, Inc.
- Address
- 5805 Council St NE Ste D
- City
- Cedar Rapids
- State
- Iowa
- ZIP Code
- 52402-5807
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Burger King
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- IA-02
Loan Use Breakdown
- Payroll
- $1,681,500
Lender Information
- Servicing Lender
- Cedar Rapids Bank and Trust Company
- Originating Lender
- Cedar Rapids Bank and Trust Company
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| Modern Holdings, Inc. | $7,955,000 |  Research |
| Van Meter Inc. | $7,413,400 | Research |
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