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

PPP Loan Search / PA / JOHNSTOWN / Concurrent technologies corporation

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

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