BEACON ASSOCIATES LLC (DE) - 2020 PPP Loan Borrower Profile (# 2652867108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACON ASSOCIATES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2652867108

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$97,142.8

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$97,709.99

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

12,142.85

Payroll Proced

72,857.1

Rent Proceed

12,142.85

Lender

Fulton Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Rehoboth Beach, DE

Project Location

Rehoboth Beach, DE

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.