# PPP loan: BEACON PLUMBING & MECHANICAL, INC.
> **$1.61M** approved 04/28/2020 · Paid in Full · Loan `7969537202`
## Borrower
- **Name:** BEACON PLUMBING & MECHANICAL, INC.
- **Address:** 8611 S 192nd Street, KENT, WA, 98031
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 78
## Lender
- **Originating:** Commencement Bank
- **Servicing:** Commencement Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*