AFFORDABLE CONCEPTS, INC (NV) - 2020 PPP Loan Borrower Profile (# 5416487103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AFFORDABLE CONCEPTS, 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 Nevada.

Loan Detail

Loan Number

5416487103

SBA Office Code

0944

Processing Method

PPP

Curent Loan Amount

$516,400

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$519,570.12

Date Loan was Forgiven

Nov 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

510,455

Mortgage Interest Proceed

2,945

Debt Interest Proceed

500

Lender

Western Alliance Bank

Business Detail

Business Type

Corporation

NAICS

236220

Borrower Location

NORTH LAS VEGAS, NV

Project Location

NORTH LAS VEGAS, NV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.