As part of the Paycheck Protection Program BEACH ELECTRIC COMPANY INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

BEACH ELECTRIC COMPANY INC


Loan Amount	$2,534,330
BusinessName	BEACH ELECTRIC COMPANY INC
Address	67 - 69 Grove St
City	PATERSON
State	NJ
Zip	7503
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	59
DateApproved	04/08/2020
Lender	Valley National Bank
CD	NJ-09
BusinessName.clean	BEACH ELECTRIC COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

VOLK PACKAGING
12STONE CHURCH
VOLKSWAGEN SANTA MONICA
VOLKSWAGEN SOUTHTOWNE
VOLLAND ELECTRIC EQUIPMENT CORP