# PPP loan: BEACONS CLOSET INC
> **$480K** approved 02/08/2021 · Paid in Full · Loan `5457948407`
## Borrower
- **Name:** BEACONS CLOSET INC
- **Address:** 74 Guernsey St, Brooklyn, NY, 11222-3112
- **NAICS:** 453310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $645K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $480K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*