# PPP loan: 1618 CONCEPTS INC.
> **$173K** approved 01/29/2021 · Paid in Full · Loan `8340688303`
## Borrower
- **Name:** 1618 CONCEPTS INC.
- **Address:** 1618 W Friendly Ave Ste B, Greensboro, NC, 27403-1209
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Triad Business Bank
- **Servicing:** Triad Business Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*