# PPP loan: CONCORD ELECTRONICS,INC.
> **$466K** approved 05/29/2020 · Paid in Full · Loan `5101187810`
## Borrower
- **Name:** CONCORD ELECTRONICS,INC.
- **Address:** 33-00 47th Ave, Level 1A, Long Island City, NY 11101-2432 0.0, Long Island City, NY, 11101-2432
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $466K
- **Initial approval:** $466K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Rent:** $66K
- **Utilities:** $7K
- **Health care:** $13K
- **Jobs reported:** 47
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*