PPP Loan information for Networks inc

$277,200

Networks inc was initially approved for PPP Loan of amount $277,200, the current approved amount is $277,200. The loan was approved on 02/06/2021 by The Northwest Bank reported 17 jobs and $277,200 was used to fund payroll.

Networks inc is Existing or more than 2 years old

NETWORKS INC

Date Approved

02/06/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

NETWORKS INC

Borrower Address

2255 73rd St

Borrower City

Windsor Heights

Borrower State

IA

Borrower Zip

50324-4705

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277200.00

Current Approval Amount

277200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Windsor Heights

Project County Name

POLK

Project State

IA

Project Zip

50324-4705

CD

IA-03

Jobs Reported

17

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277196.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

279610.10

Forgiveness Date

12/23/2021

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