# PPP loan: THE CONCORD CONSORTIUM, INC.
> **$1.07M** approved 04/27/2020 · Paid in Full · Loan `4892677206`
## Borrower
- **Name:** THE CONCORD CONSORTIUM, INC.
- **Address:** 25 Love Lane, Concord, MA, 01742
- **NAICS:** 541715
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Rent:** $35K
- **Utilities:** $12K
- **Jobs reported:** 53
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*