# PPP loan: CONCEPT ELECTRONICS INC
> **$214K** approved 04/30/2020 · Paid in Full · Loan `7078427309`
## Borrower
- **Name:** CONCEPT ELECTRONICS INC
- **Address:** 6303 RENOIR AVENUE, DENHAM SPRINGS, LA, 70706
- **NAICS:** 561621
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $7K
- **Utilities:** $7K
- **Health care:** $7K
- **Jobs reported:** 17
## 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*