PPP Loan information for Applied concepts inc

$38,950

Applied concepts inc was initially approved for PPP Loan of amount $38,950, the current approved amount is $38,950. The loan was approved on 02/11/2021 by The Peoples Bank reported 11 jobs and $38,950 was used to fund payroll.

Applied concepts inc is Existing or more than 2 years old

APPLIED CONCEPTS INC

Date Approved

02/11/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

APPLIED CONCEPTS INC

Borrower Address

5900 Som Center Rd Ste 12

Borrower City

Willoughby

Borrower State

OH

Borrower Zip

44094-3038

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38950.00

Current Approval Amount

38950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willoughby

Project County Name

LAKE

Project State

OH

Project Zip

44094-3038

CD

OH-14

Jobs Reported

11

NAICS Code

713990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38946.00

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

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39188.03

Forgiveness Date

09/28/2021

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