# PPP loan: BEACON FINANCIAL SERVICES INC.
> **$162K** approved 04/11/2020 · Paid in Full · Loan `2968847109`
## Borrower
- **Name:** BEACON FINANCIAL SERVICES INC.
- **Address:** 120 S. WARNER RD, KING OF PRUSSIA, PA, 19406-2801
- **NAICS:** 523999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $8K
- **Health care:** $9K
- **Jobs reported:** 16
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*