CONCORD TOWERS, INC (DE) - 2020 PPP Loan Borrower Profile (# 8357167104)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to CONCORD TOWERS, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
8357167104
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$621,217
Date Loan was Approved
Apr 15, 2020
Amount Forgiven
$627,582.35
Date Loan was Forgiven
May 3, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
20,305
Payroll Proced
465,912
Mortgage Interest Proceed
110,000
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
25,000
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company
Business Detail
Business Type
Subchapter S Corporation
NAICS
721110
Borrower Location
Newark, DE
Project Location
Newark, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
125
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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