# PPP loan: CONCORD CLEAR SPRINGS HOTEL LLC
> **$395K** approved 03/02/2021 · Paid in Full · Loan `5845908506`
## Borrower
- **Name:** CONCORD CLEAR SPRINGS 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:** $395K
- **Initial approval:** $395K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*