PPP Loan information for Concord towers inc

$869,704

Concord towers inc was initially approved for PPP Loan of amount $869,704, the current approved amount is $869,704. The loan was approved on 02/25/2021 by The Manufacturers and Traders Trust Company reported 108 jobs and $869,704 was used to fund payroll.

Concord towers inc is Existing or more than 2 years old

CONCORD TOWERS INC

Date Approved

02/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

CONCORD TOWERS INC

Borrower Address

1201 Christiana Rd

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713-3503

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

869704.00

Current Approval Amount

869704.00

Undisbursed Amount

0.00

Franchise Name

Homewood Suites by Hilton

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-3503

CD

DE-

Jobs Reported

108

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

869699.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

877614.73

Forgiveness Date

01/31/2022

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