PPP Loan information for Nits solutions, inc.

$995,000

Nits solutions, inc. was initially approved for PPP Loan of amount $995,000, the current approved amount is $995,000. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 54 jobs and $995,000 was used to fund payroll.

Nits solutions, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NOVI / Nits solutions, inc.

NITS SOLUTIONS, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NITS SOLUTIONS, INC.

Borrower Address

40850 Grand River 100

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995000.00

Current Approval Amount

995000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-0200

CD

MI-06

Jobs Reported

54

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9211.00

Payroll Proceed

902051.00

Mortgage Interest Proceed

0.00

Rent Proceed

28900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

54838.00

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

1003423.78

Forgiveness Date

02/23/2021

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