PPP Loan information for Global concessions inc

$2,000,000

Global concessions inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/05/2021 by The First Horizon Bank reported 98 jobs and $2,000,000 was used to fund payroll.

Global concessions inc is Existing or more than 2 years old

PPP Loan Search / GA / East Point / Global concessions inc

GLOBAL CONCESSIONS INC

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

GLOBAL CONCESSIONS INC

Borrower Address

1693 Washington Rd

Borrower City

East Point

Borrower State

GA

Borrower Zip

30344-4265

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Point

Project County Name

FULTON

Project State

GA

Project Zip

30344-4265

CD

GA-05

Jobs Reported

98

NAICS Code

722513

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1756780.30

Forgiveness Date

03/06/2023

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