PPP Loan information for Concentric inc

$311,875

Concentric inc was initially approved for PPP Loan of amount $311,875, the current approved amount is $311,875. The loan was approved on 01/26/2021 by The Cross River Bank reported 11 jobs and $311,875 was used to fund payroll.

Concentric inc is Existing or more than 2 years old

CONCENTRIC INC

Date Approved

01/26/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CONCENTRIC INC

Borrower Address

222 3rd St

Borrower City

Cambridge

Borrower State

MA

Borrower Zip

02142-1102

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311875.00

Current Approval Amount

311875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02142-1102

CD

MA-07

Jobs Reported

11

NAICS Code

511199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

311875.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314600.70

Forgiveness Date

12/14/2021

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