# PPP loan: CONCORD SIERRA 1100 HOTEL LLC
> **$256K** approved 02/05/2021 · Paid in Full · Loan `3948268410`
## Borrower
- **Name:** CONCORD SIERRA 1100 HOTEL LLC
- **Address:** 11410 Common Oaks Dr, Raleigh, NC, 27614-7002
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*