BEACON HOSPITALITY INC (WI) - 2020 PPP Loan Borrower Profile (# 6371067106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACON HOSPITALITY 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 Wisconsin.

Loan Detail

Loan Number

6371067106

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$30,400

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$30,612.75

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,800

Payroll Proced

22,800

Mortgage Interest Proceed

3,800

Lender

Johnson Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

Borrower Location

RACINE, WI

Project Location

RACINE, WI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.