PPP Loan information for Conch technologies, inc.

$2,095,000

Conch technologies, inc. was initially approved for PPP Loan of amount $2,095,000, the current approved amount is $2,095,000. The loan was approved on 04/15/2020 by The First United Bank and Trust Company reported 112 jobs and $2,095,000 was used to fund payroll.

Conch technologies, inc. is Existing or more than 2 years old

PPP Loan Search / TN / Memphis / Conch technologies, inc.

CONCH TECHNOLOGIES, INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CONCH TECHNOLOGIES, INC.

Borrower Address

6750 Poplar Ave, Suite 711

Borrower City

Memphis

Borrower State

TN

Borrower Zip

38138

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2095000.00

Current Approval Amount

2095000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Memphis

Project County Name

SHELBY

Project State

TN

Project Zip

38138-0001

CD

TN-08

Jobs Reported

112

NAICS Code

561311

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13000.00

Payroll Proceed

2072000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2118705.07

Forgiveness Date

06/16/2021

;