PPP Loan information for Concurrent technologies corporation
$5,874,400
Concurrent technologies corporation was initially approved for PPP Loan of amount $5,874,400, the current approved amount is $5,874,400. The loan was approved on 04/05/2020 by The Somerset Trust Company reported 200 jobs and $5,874,400 was used to fund payroll.
Concurrent technologies corporation is Existing or more than 2 years old
CONCURRENT TECHNOLOGIES CORPORATION
Date Approved
04/05/2020
SBA Office Code
0358
Processing Method
PPP
Borrower Name
CONCURRENT TECHNOLOGIES CORPORATION
Borrower Address
100 CTC Drive
Borrower City
JOHNSTOWN
Borrower State
PA
Borrower Zip
15904-1935
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
5874400.00
Current Approval Amount
5874400.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
65337
Servicing Lender Name
Somerset Trust Company
Servicing Lender Address
151 W Main St
Servicing Lender City
SOMERSET
Servicing Lender State
PA
Servicing Lender Zip
15501-2041
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
JOHNSTOWN
Project County Name
CAMBRIA
Project State
PA
Project Zip
15904-1935
CD
PA-13
Jobs Reported
200
NAICS Code
541330
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
5874400.00
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
Non-Profit Organization
Originating Lender Location Id
65337
Originating Lender
Somerset Trust Company
Originating Lender City
SOMERSET
Originating Lender State
PA
Gender
Unanswered
Veteran
Unanswered
Non Profit
Y
Forgiveness Amount
5951330.50
Forgiveness Date
08/09/2021