Bescast, INC
$2,500,000 PPP Loan in Willoughby, Ohio
Loan Details
- Loan Number
- 8409337110
- Date Approved
- Apr 15, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $2,500,000
- Current Approval
- $2,500,000
- Forgiveness Amount
- $2,000,732
- Forgiveness Date
- Aug 30, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Bescast, INC
- Address
- 4600 East 355th Street
- City
- Willoughby
- State
- Ohio
- ZIP Code
- 44094
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (331512)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 200
- Estimated Revenue
- $52.4M
- Rural/Urban
- Urban
- Congressional District
- OH-14
Loan Use Breakdown
- Payroll
- $2,240,000
- Health Care
- $260,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
Other PPP Loans in Willoughby, OH
| Business | Approved | |
|---|---|---|
| Mid-West Forge Corporation | $6,413,700 |  Research |
| K&d Management LLC | $2,818,600 | Research |
| Tom Richards, Inc. | $2,809,607 | Research |
| Bescast INC | $2,000,000 | Research |
| Marous Brothers Construction INC | $2,000,000 | Research |
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