PPP Loan information for Global concessions, inc.

$2,446,723

Global concessions, inc. was initially approved for PPP Loan of amount $1,953,697, the current approved amount is $2,446,723. The loan was approved on 04/07/2020 by The First Horizon Bank reported 457 jobs and $2,446,723 was used to fund payroll.

Global concessions, inc. is Existing or more than 2 years old

GLOBAL CONCESSIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

GLOBAL CONCESSIONS, INC.

Borrower Address

PO BOX 20905 AIRPORT FACILITY

Borrower City

ATLANTA

Borrower State

GA

Borrower Zip

30320

Loan Status Date

06/06/2020

Loan Status

Charged Off

Term

28

SBA Guaranty Percentage

100

Initial Approval Amount

1953697.00

Current Approval Amount

2446723.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTA

Project County Name

FULTON

Project State

GA

Project Zip

30320-0001

CD

GA-05

Jobs Reported

457

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2446723.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

973310.37

Forgiveness Date

04/22/2022

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