Beach Electric Company INC
$2,534,330 PPP Loan in Paterson, New Jersey
Loan Details
- Loan Number
- 8073817009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,534,330
- Current Approval
- $2,534,330
- Forgiveness Amount
- $2,562,735
- Forgiveness Date
- Jun 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Beach Electric Company INC
- Address
- 67 - 69 Grove St
- City
- Paterson
- State
- New Jersey
- ZIP Code
- 07503
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $19.4M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $2,534,330
Lender Information
- Servicing Lender
- Valley National Bank
- Originating Lender
- Valley National Bank
Other PPP Loans in Paterson, NJ
| Business | Approved | |
|---|---|---|
| Railroad Construction Company Inc. | $6,672,435 | |
| Wilkstone, LLC | $4,477,500 | |
| Straight and Narrow INC | $3,420,861 | |
| Liberty Elevator Corporation | $2,377,127 | |
| Prime Time Construction | $2,312,044 |
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