PPP Loan information for Concord electric corporation

$559,920

Concord electric corporation was initially approved for PPP Loan of amount $559,920, the current approved amount is $559,920. The loan was approved on 03/24/2021 by The KeyBank National Association reported 50 jobs and $559,920 was used to fund payroll.

Concord electric corporation is Existing or more than 2 years old

CONCORD ELECTRIC CORPORATION

Date Approved

03/24/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

CONCORD ELECTRIC CORPORATION

Borrower Address

705 Maple St

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14611-1713

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

559920.00

Current Approval Amount

559920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14611-1713

CD

NY-25

Jobs Reported

50

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

559914.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

563908.47

Forgiveness Date

12/29/2021

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