As part of the Paycheck Protection Program BEACON ELECTRIC COMPANY 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.

BEACON ELECTRIC COMPANY


Loan Amount	$1,924,000
BusinessName	BEACON ELECTRIC COMPANY
Address	7815 Red Sky Drive
City	CINCINNATI
State	OH
Zip	45249
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	115
DateApproved	04/14/2020
Lender	Fifth Third Bank
CD	OH-01
BusinessName.clean	BEACON 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.

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