Beacon Converters INC

$952,305 PPP Loan in Saddle Brook, New Jersey

Loan Details

Loan Number
6248128308
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$952,305
Current Approval
$952,305
Forgiveness Amount
$958,257
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second 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
$952,300
Utilities
$1

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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