# PPP loan: CONCEPT 32, INC
> **$629K** approved 04/06/2020 · Paid in Full · Loan `5854297007`
## Borrower
- **Name:** CONCEPT 32, INC
- **Address:** 351 COFFMAN ST Ste 216, LONGMONT, CO, 80501-5405
- **NAICS:** 311111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $629K
- **Initial approval:** $629K
- **Forgiven:** $639K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Rent:** $79K
- **Utilities:** $79K
- **Jobs reported:** 53
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*