Concord Towers, INC

$621,217 PPP Loan in Newark, Delaware

Loan Details

Loan Number
8357167104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$621,217
Current Approval
$621,217
Forgiveness Amount
$627,582
Forgiveness Date
May 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Concord Towers, INC
Address
1201 Christiana Road
City
Newark
ZIP Code
19713
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$39.1M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$465,912
Utilities
$20,305
Health Care
$25,000
Mortgage Interest
$110,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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