# PPP loan: BEACON HEALTHCARE SERVICES, INC
> **$361K** approved 04/13/2020 · Paid in Full · Loan `5154097103`
## Borrower
- **Name:** BEACON HEALTHCARE SERVICES, INC
- **Address:** 1501 E 16TH ST, NEWPORT BEACH, CA, 92663-5924
- **NAICS:** 622210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $361K
- **Initial approval:** $468K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Jobs reported:** 35
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*