# PPP loan: CONCEPTS NREC LLC
> **$1.50M** approved 04/03/2020 · Paid in Full · Loan `4452157003`
## Borrower
- **Name:** CONCEPTS NREC LLC
- **Address:** 217 Billings Farm Road, WHITE RIVER JUNCTION, VT, 05001-9486
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Health care:** $17K
- **Jobs reported:** 86
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*