As part of the Paycheck Protection Program BEATON, 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.

BEATON, INC


Loan Amount	$1,681,500
BusinessName	BEATON, INC
Address	5805 Council St NE Ste D
City	CEDAR RAPIDS
State	IA
Zip	52402
NAICSCode	722513
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	26
DateApproved	04/04/2020
Lender	Cedar Rapids Bank and Trust Company
CD	IA-01
BusinessName.clean	BEATON

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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WEBSTERROGERS L