# PPP loan: BEACON APPLICATION SERVICES
> **$298K** approved 04/29/2020 · Exemption 4 · Loan `2773557301`
## Borrower
- **Name:** BEACON APPLICATION SERVICES
- **Address:** 40 Speen Street, Framingham, MA, 01701-1898
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $277K (93%)
- **Forgiveness date:** 10/07/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 10
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*