# PPP loan: BESCAST, INC
> **$2.50M** approved 04/15/2020 · Exemption 4 · Loan `8409337110`
## Borrower
- **Name:** BESCAST, INC
- **Address:** 4600 East 355th Street, WILLOUGHBY, OH, 44094
- **NAICS:** 331512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Forgiven:** $2.00M (80%)
- **Forgiveness date:** 08/30/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.24M
- **Health care:** $260K
- **Jobs reported:** 200
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*