# PPP loan: BEACON APPLICATION SERVICES CORP
> **$279K** approved 01/29/2021 · Paid in Full · Loan `8056228308`
## Borrower
- **Name:** BEACON APPLICATION SERVICES CORP
- **Address:** 40 Speen St Ste 305, Framingham, MA, 01701-1898
- **NAICS:** 541513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $279K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** The Exchange Bank
- **Servicing:** The Exchange Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*