PPP Loan information for The fuse network

$565,592

The fuse network was initially approved for PPP Loan of amount $565,592, the current approved amount is $565,592. The loan was approved on 04/07/2020 by The The Park National Bank reported 75 jobs and $565,592 was used to fund payroll.

The fuse network is Existing or more than 2 years old

THE FUSE NETWORK

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

THE FUSE NETWORK

Borrower Address

141 WEST MAIN STREET

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055-5007

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565591.65

Current Approval Amount

565591.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-5007

CD

OH-12

Jobs Reported

75

NAICS Code

624120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4629.41

Payroll Proceed

537062.77

Mortgage Interest Proceed

0.00

Rent Proceed

7636.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16263.47

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

569620.52

Forgiveness Date

01/07/2021

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