# PPP loan: BEACON ELECTRIC COMPANY
> **$1.92M** approved 02/18/2021 · Paid in Full · Loan `1425138506`
## Borrower
- **Name:** BEACON ELECTRIC COMPANY
- **Address:** 3140 Governors Place Blvd Ste 200, Kettering, OH, 45409-1337
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.93M (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.92M
- **Jobs reported:** 147
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*