# PPP loan: CONCENTRIC INC
> **$312K** approved 01/26/2021 · Paid in Full · Loan `6080768307`
## Borrower
- **Name:** CONCENTRIC INC
- **Address:** 222 3rd St, Cambridge, MA, 02142-1102
- **NAICS:** 511199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Jobs reported:** 11
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*