BEACON ELECTRIC SERVICE, INC (KY) - 2020 PPP Loan Borrower Profile (# 9533817005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACON ELECTRIC SERVICE, INC. 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 Kentucky.

Loan Detail

Loan Number

9533817005

SBA Office Code

0457

Processing Method

PPP

Curent Loan Amount

$112,500

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$113,763.7

Date Loan was Forgiven

Jun 3, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

112,500

Lender

Stock Yards Bank & Trust Company

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

FAIRDALE, KY

Project Location

FAIRDALE, KY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.