PPP Loan information for Netcomm inc

$250,690

Netcomm inc was initially approved for PPP Loan of amount $223,605, the current approved amount is $250,690. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $250,690 was used to fund payroll.

Netcomm inc is New Business or 2 years or less

PPP Loan Search / MD / ROCKVILLE / Netcomm inc

NETCOMM INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NETCOMM INC

Borrower Address

1901 RESEARCH BLVD STE 430

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-3182

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223605.00

Current Approval Amount

250690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3182

CD

MD-08

Jobs Reported

11

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250690.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252365.85

Forgiveness Date

01/08/2021

;