BEACON INDUSTRIES (IN) - 2020 PPP Loan Borrower Profile (# 6961368305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACON INDUSTRIES. 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 Indiana.

Loan Detail

Loan Number

6961368305

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$616,105

Date Loan was Approved

Jan 27, 2021

Amount Forgiven

$620,206.74

Date Loan was Forgiven

Sep 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

616,099

Lender

Horizon Bank

Business Detail

Business Type

Corporation

NAICS

325510

Borrower Location

Edinburgh, IN

Project Location

Edinburgh, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.