# PPP loan: BEACON INDUSTRIES INC
> **$613K** approved 04/10/2020 · Paid in Full · Loan `1429487104`
## Borrower
- **Name:** BEACON INDUSTRIES INC
- **Address:** 912 S Walnut St, EDINBURGH, IN, 46124-2001
- **NAICS:** 325510
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $616K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Mortgage interest:** $61K
- **Utilities:** $61K
- **Jobs reported:** 72
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*