PPP Loan information for Common networks, inc.

$1,444,770

Common networks, inc. was initially approved for PPP Loan of amount $1,444,770, the current approved amount is $1,444,770. The loan was approved on 06/19/2020 by The Cache Valley Bank reported 58 jobs and $1,444,770 was used to fund payroll.

Common networks, inc. is Existing or more than 2 years old

COMMON NETWORKS, INC.

Date Approved

06/19/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

COMMON NETWORKS, INC.

Borrower Address

1390 Market Street Ste 1202

Borrower City

SAN FRANCISCO

Borrower State

CA

Borrower Zip

94102-5300

Loan Status Date

06/08/2022

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

1444770.00

Current Approval Amount

1444770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN FRANCISCO

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94102-5300

CD

CA-11

Jobs Reported

58

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1444770.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1153026.21

Forgiveness Date

05/21/2021

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