PPP Loan information for Networks group, inc.

$324,390

Networks group, inc. was initially approved for PPP Loan of amount $324,390, the current approved amount is $324,390. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 14 jobs and $324,390 was used to fund payroll.

Networks group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Networks group, inc.

NETWORKS GROUP, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NETWORKS GROUP, INC.

Borrower Address

100 S MAIN ST STE 200

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48104

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324390.00

Current Approval Amount

324390.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-0970

CD

MI-06

Jobs Reported

14

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268244.00

Mortgage Interest Proceed

0.00

Rent Proceed

24018.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29033.00

Debt Interest Proceed

3095

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326606.48

Forgiveness Date

01/08/2021

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