Conch Technologies, Inc.

$2,095,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
1827727208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,095,000
Current Approval
$2,095,000
Forgiveness Amount
$2,118,705
Forgiveness Date
Jun 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Conch Technologies, Inc.
Address
6750 Poplar Ave, Suite 711
ZIP Code
38138
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561311)
Business Age
Existing or more than 2 years old
Jobs Reported
112
Estimated Revenue
$17.6M
Rural/Urban
Urban
Congressional District
TN-08

Loan Use Breakdown

Payroll
$2,072,000
Rent
$10,000
Utilities
$13,000

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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