PPP Loan information for Concepts inc dba cycling concepts

$31,620

Concepts inc dba cycling concepts was initially approved for PPP Loan of amount $31,620, the current approved amount is $31,620. The loan was approved on 04/27/2020 by The Webster Bank National Association reported 5 jobs and $31,620 was used to fund payroll.

Concepts inc dba cycling concepts is Existing or more than 2 years old

CONCEPTS INC DBA CYCLING CONCEPTS

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

CONCEPTS INC DBA CYCLING CONCEPTS

Borrower Address

2343 MAIN STREET

Borrower City

GLASTONBURY

Borrower State

CT

Borrower Zip

06033

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31620.00

Current Approval Amount

31620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLASTONBURY

Project County Name

HARTFORD

Project State

CT

Project Zip

06033-0001

CD

CT-01

Jobs Reported

5

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31620.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31930.14

Forgiveness Date

04/29/2021

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