# PPP loan: GLOBAL CONCESSIONS, INC.
> **$2.45M** approved 04/07/2020 · Charged Off · Loan `7218137003`
## Borrower
- **Name:** GLOBAL CONCESSIONS, INC.
- **Address:** PO BOX 20905 AIRPORT FACILITY, ATLANTA, GA, 30320
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.45M
- **Initial approval:** $1.95M
- **Forgiven:** $973K (40%)
- **Forgiveness date:** 04/22/2022
- **Status:** Charged Off
- **Term:** 28 months
## Use of funds
- **Payroll:** $2.45M
- **Jobs reported:** 457
## Lender
- **Originating:** IberiaBank, A Division of 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*