PPP Loan information for Concepts nrec llc

$1,501,000

Concepts nrec llc was initially approved for PPP Loan of amount $1,501,000, the current approved amount is $1,501,000. The loan was approved on 04/03/2020 by The Community National Bank reported 86 jobs and $1,501,000 was used to fund payroll.

Concepts nrec llc is Existing or more than 2 years old

CONCEPTS NREC LLC

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

CONCEPTS NREC LLC

Borrower Address

217 Billings Farm Road

Borrower City

WHITE RIVER JUNCTION

Borrower State

VT

Borrower Zip

05001-9486

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1501000.00

Current Approval Amount

1501000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72972

Servicing Lender Name

Community National Bank

Servicing Lender Address

4811 US Rte 5

Servicing Lender City

DERBY

Servicing Lender State

VT

Servicing Lender Zip

05829

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE RIVER JUNCTION

Project County Name

WINDSOR

Project State

VT

Project Zip

05001-9486

CD

VT-

Jobs Reported

86

NAICS Code

541330

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1484100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16900.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72972

Originating Lender

Community National Bank

Originating Lender City

DERBY

Originating Lender State

VT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1509060.16

Forgiveness Date

11/03/2020

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