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 02/04/2021 by The JPMorgan Chase Bank, National Association reported 45 jobs and $995,000 was used to fund payroll.

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

NITS SOLUTIONS INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NITS SOLUTIONS INC.

Borrower Address

41106 Clermont Ave

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-5702

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

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

48375-5702

CD

MI-06

Jobs Reported

45

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

994998.00

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

1001040.20

Forgiveness Date

09/17/2021

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