# PPP loan: CONCORD CARS,INC
> **$328K** approved 04/15/2020 · Paid in Full · Loan `9246277104`
## Borrower
- **Name:** CONCORD CARS,INC
- **Address:** 23119 US HIGHWAY 33, ELKHART, IN, 46517-3612
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $82K
- **Jobs reported:** 31
## Lender
- **Originating:** First State Bank of Middlebury
- **Servicing:** First State Bank of Middlebury (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*