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 02/20/2021 by The JPMorgan Chase Bank, National Association reported 19 jobs and $324,390 was used to fund payroll.

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

NETWORKS GROUP INC.

Date Approved

02/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NETWORKS GROUP INC.

Borrower Address

100 S Main St Ste 200

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48104-1944

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

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

48104-1944

CD

MI-06

Jobs Reported

19

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

324387.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

327542.53

Forgiveness Date

02/16/2022

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