# PPP loan: CONCEPT HOTELS LLC
> **$156K** approved 01/20/2021 · Paid in Full · Loan `2240998308`
## Borrower
- **Name:** CONCEPT HOTELS LLC
- **Address:** 260 Main St, Redwood City, CA, 94063-1778
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $167K
- **Forgiven:** $159K (102%)
- **Forgiveness date:** 12/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 7
## Lender
- **Originating:** Avidbank
- **Servicing:** Avidbank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*