# PPP loan: BEACON HEALTHCARE SERVICES INC
> **$340K** approved 02/13/2021 · Paid in Full · Loan `8377698408`
## 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:** $340K
- **Initial approval:** $340K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $340K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*